Now the price had increased to 44k dollars after the huge period.The resistance for the pump is 45k dollars.Now Russia accepting the bitcoin as a payment for the world country to their barrel of oil.The oil price was increased all over the world.The root cause for this is Russia,the Russia will keep increase the oil price in upcoming days.
3 days after the price climb again by 3k and sitting at 47k as of my typing
https://coinmarketcap.com/currencies/bitcoin/so I can see that we are hitting 50k the next days , so if does there will be a good effect in altcoins as there are so many thread talking about altcoins Season while this is still bitcoin season.
The chances for hitting $50k in the next couple of days are very high. It's seems the everyone is on board with bitcoin again, after the Terra news, and just a couple of years ago, we are in the $46k region, now we are above $47k and trying to break the next big barrier of $48k. It's the start of the week and everything looks very positive and maybe before start of next month, we will be the $50k range already or even higher.
Yeah as that is what i expected but it seems that we are almost in a week time from my post yet Bitcoin still struggle to reach that 50k and finally breaking again after couple of months being denied.
Hope that in the next couple of days we will be seeing that high and at least stays that high for the next quarter.