Present, there are many altcoins in the crypto market and they have grown a lot. But it has gone down and gone again, but Bitcoin is the only currency that hasn't gone down yet, instead it's going up. I've noticed that Bitcoin has grown the most over the past couple of days, but altcoins haven't grown as much in comparison. Currently, we see Bitcoin market above $44000, I think it will bring $45000 very soon. Will Bitcoin Touch $50,000 By This December? What do you think about the way the Bitcoin market is currently growing?
We are just a week and some days to the end of December and bitcoin has not being able to break the resistance of $45000. It goes above the $44,000 and moves down to its support level. The support level was also broken some days ago but was still able to regain the support again and still can’t break the resistance level. So your vision of bitcoin reaching $50,000 by end of December is still dangling and not yet certain even though we still have some days left before the end of December. I am not giving up on it not reaching $50,000 because the way the market operates, it can even go above that and get to a new resistance above the $50000 by end of December. Bitcoin is indeed a speculative and unpredictable asset to hold.