Bitcoin price is now looking very bulish if its stable in this area for few days and next run can break resistance then end of the year it can go 65-69k in my opinion!! Also it can break its ath at the end of this year!!
Bitcoin's resistance at $42000 has been broken, and now the Bulls still dominate, yes, even though the price of Bitcoin had gone up to $45000,
I was quite relieved because Bitcoin was only experiencing a correction, and now have a look! Bitcoin experienced a bounce at the support price,
so I hope you are right, the end of the year can reach a new all time high.
current price was around $40,100 and yesterday it could hit below $39k. we dont know what actually with this market since Michael Saylor and Do Kwoon keep buying bitcoin but its price still drop. Alot opinion about this market especially at twitter, each influencer share their opinion till alot people confuse with it.we still have one more year till halving and hopefull this time will different, we didnt need to wait it to create new all time.
Bitcoin price movement seems to be still in a sideways trend, the range of movement of the support level is $30K and the resistance level is $69K, and it looks like this will continue for some time to come.
but the optimism continues, one of the main factors driving it is, that the increase in the price of Bitcoin is due to the increasing adoption rate of crypto assets so that new consumers try to buy and explore the world of crypto assets.
In addition, another big influence on the price of Bitcoin is the cycle known as the halving, which is sure to bring about significant changes.
but everything can go well if all the big bitcoin holders want to keep the price from damaging the price by releasing what they have but instead providing support so that bitcoin can still recover quickly.