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Topic: Bitcoin @ $50k - page 5. (Read 904 times)

legendary
Activity: 2226
Merit: 1249
August 22, 2021, 02:48:39 PM
#52
This is a intense battle to get to 50k we are creeping towards it but it keeps taking hits whenever it is getting close. I am starting to doubt my faith in it reaching 50k by next month. I think it will this year not by next month. This is not good for investors who are looking at the charts because it has the risk of dropping down a lot if people panic about it not reaching it.

I dont think it will take that long to hit $50k, we came very close today but the buy
pressure crumbled and we broke back to $48.

There is no doubt we will be hitting and crossing $50k, its just another price point
to breach, next will be $55k but there is a chance we are going to test a lower price
to recharge for the $50k target.
member
Activity: 110
Merit: 131
August 22, 2021, 02:33:34 PM
#51
This is a intense battle to get to 50k we are creeping towards it but it keeps taking hits whenever it is getting close. I am starting to doubt my faith in it reaching 50k by next month. I think it will this year not by next month. This is not good for investors who are looking at the charts because it has the risk of dropping down a lot if people panic about it not reaching it.
legendary
Activity: 2338
Merit: 1124
August 22, 2021, 02:26:25 PM
#50
An entire month now of higher highs on the weekends, always starting on Friday, stretching a couple of days, and then pullback mid-week. Don't know about you guys but that really looks like momentum building en route to ATH test.

Really looks like 50k could be the marker for the rally everyone's waiting for but I personally think the ATH will be the catalyst; we're going to be oscillating like the last 4 weeks in higher ranges until 60k.
That drawback is almost always a sign that someone is bubbling up something and I believe that we are definitely going to end up with something big in the near future. I can't say it with confidence like you have that it will be going up, I do believe that it is definitely that but I can't tell that to others yet because I do not trust my gut enough to try to convince other people about it as well.

However the big movement part is definitely true, that is almost always true on bitcoin that something slowly and gradually happens and then BAM! suddenly you get it. I believe that it could be down or up (probably up) and the price will be like 50% changes suddenly. That is why I believe making moves right now is not a bad idea, it is up right now and people are afraid to get in when it is already up and they are very right, but this could be a rare case going up even after another up.
legendary
Activity: 2982
Merit: 1028
August 22, 2021, 01:33:51 PM
#49
Slowly bitcoin will continue to move this will show that in August this will have reached $50k I'm sure the prediction can be started after reaching it and will continue towards ATH where there will be a lot of hope that bitcoin's steps will not stop, really this year is where all coins become more valuable after being accompanied by trends and hype in the market.

The price of bitcoin on Coinmarketcap $49k a step to add $ 1k is very easy maybe tonight or tomorrow we will see the target that has been set, this is good news so I will conclude this movement without going against it.

More of the whole next week will start the attempt to $50k. As the pattern is just moving on $48k-$49k, but not enough push to hit $50k in the last 48 hours. Again, another interesting week ahead of us, TA shows that we still have a lot of bullish momentum and the upward trend will continue at least for the duration of August. And then entering the last quarter, which historically is also very big for bitcoin.
As we saw each week that passed, Bitcoin still trying to move forward and break this level.

With how the market being appreciated and how investors are working inside this field, we have a very nice market movements that will push the price more than $50K level. You said it right with how TA shows sign that there are strong holders that keep helping the bull to run much stronger. If $48K level continues to be a good barrier, it won't take long to break $50K.
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
August 22, 2021, 01:16:19 PM
#48
~

Looking at the price of bitcoin at this moment we can say that huge chances for it to come at 50k is so near since we are lacking of $1,100 before bitcoin reach at $50k, so lets hope that we cannot see any huge disturbance since $50k is a great hype creator, if that figures will reach tomorrow or in next couple of days provably the next target to be reach is at $60k again.
There is a good resistance at $50k and i am expecting we will move in a range of $43k to $50k for a while and then we will move further and possibly break the all time high valuation.

I think we need a month or so to breach the present resistance and reach those levels and right now the market moving like we saw in the $30k to $40k range after the correction from the all time high and for over a month we traded in that range and expect the same this time around.
 
full member
Activity: 171
Merit: 100
The Standard Protocol - Solving Inflation
August 22, 2021, 12:11:27 PM
#47
Bitcoin breaking the $60,000 level will cause a major rally in cryptocurrencies. Therefore, the cryptocurrency market has great potential to rise from here.

As of now, bitcoin is trying to move towards $50,000. This is the major resistance as well as the weekly resistance area. Thus, if bitcoin breaks the $50,000 mark and makes a sharp bearish move, the next target will be $53,000 and $56,000 area.

Yeah, I'm expecting once ATH is revisited, we'll see everything that's NOT Bitcoin press high, fast and furious, ETH probably leading that charge and then all those *cough*defiscam*cough alternatives. And when that winds down, Bitcoin will begin its move up in earnest, once more carrying alts on its back. Before that, though, the first sign of exhaustion from revisiting the peak and yeah, we'll be checking in frequently with the 53k range

It could indeed happen that some whales push the shit out of some micro cap defi scams and then give them the rest once and for all. There are some decent projects, no doubt about that but right now it feels like a damn plague. With Bitcoin going up a pump on those scams could make sense. However, that might take a good while until Bitcoin really gets moving.
It feels like all these scam coins follow the exact same strategy when you follow their telegram channels or see the ANNs on Bitcointalk. Even if they only make a couple of thousand per scam, if you pump them out like a maniac one after another, that is a profitable business model for scammers. Long live Bitcoin! Wink
legendary
Activity: 2590
Merit: 1178
August 22, 2021, 12:10:42 PM
#46
I think that we will see the price reaching 50k dollars next week. The current resistance level doesn't seem to me as too hard to break. The thing that I'm curious about the most is whether the price will be able to break a new record. The ATH level is 64.8k dollars now. Maybe we can see this earlier than we expected. And this could ease things for Bitcoin to reach even 100k dollars in this year.
If you think the current resistance won't be difficult to break, then you don't have to wait until next week just to see the price hit $50k. It would be too long to wait. You should know that bitcoin can go up thousands of dollars in 24 hours and it can also go down thousands of dollars in a day. If the market is not swayed by the negative sentiment, perhaps the previous ATH will be surpassed before the end of the year.
member
Activity: 364
Merit: 10
August 22, 2021, 11:58:40 AM
#45
What is your analysis of this prediction?
I think it's only when bitcoin breaks through $49k8 that's where I believe bitcoin can go up to $53k very quickly even though the current rally is very slow but has the sustainability to hold the range support levels shorter.  Hence, this is the ideal condition for a breakout of $50k.  In addition, corrections on altcoins are showing signs of overbought.  I may be worried about a sign of a sharp correction in bitcoin next week.
legendary
Activity: 2758
Merit: 3408
Join the world-leading crypto sportsbook NOW!
August 22, 2021, 09:03:54 AM
#44
Bitcoin breaking the $60,000 level will cause a major rally in cryptocurrencies. Therefore, the cryptocurrency market has great potential to rise from here.

As of now, bitcoin is trying to move towards $50,000. This is the major resistance as well as the weekly resistance area. Thus, if bitcoin breaks the $50,000 mark and makes a sharp bearish move, the next target will be $53,000 and $56,000 area.

Yeah, I'm expecting once ATH is revisited, we'll see everything that's NOT Bitcoin press high, fast and furious, ETH probably leading that charge and then all those *cough*defiscam*cough alternatives. And when that winds down, Bitcoin will begin its move up in earnest, once more carrying alts on its back. Before that, though, the first sign of exhaustion from revisiting the peak and yeah, we'll be checking in frequently with the 53k range
hero member
Activity: 2520
Merit: 783
August 22, 2021, 09:00:06 AM
#43
Slowly bitcoin will continue to move this will show that in August this will have reached $50k I'm sure the prediction can be started after reaching it and will continue towards ATH where there will be a lot of hope that bitcoin's steps will not stop, really this year is where all coins become more valuable after being accompanied by trends and hype in the market.

The price of bitcoin on Coinmarketcap $49k a step to add $ 1k is very easy maybe tonight or tomorrow we will see the target that has been set, this is good news so I will conclude this movement without going against it.

More of the whole next week will start the attempt to $50k. As the pattern is just moving on $48k-$49k, but not enough push to hit $50k in the last 48 hours. Again, another interesting week ahead of us, TA shows that we still have a lot of bullish momentum and the upward trend will continue at least for the duration of August. And then entering the last quarter, which historically is also very big for bitcoin.

Looking at the price of bitcoin at this moment we can say that huge chances for it to come at 50k is so near since we are lacking of $1,100 before bitcoin reach at $50k, so lets hope that we cannot see any huge disturbance since $50k is a great hype creator, if that figures will reach tomorrow or in next couple of days provably the next target to be reach is at $60k again.

Now looking for another good analysis since once we touch at that figure another interesting technical analysis will release by certain traders here.
hero member
Activity: 1344
Merit: 540
August 22, 2021, 08:34:52 AM
#42
Slowly bitcoin will continue to move this will show that in August this will have reached $50k I'm sure the prediction can be started after reaching it and will continue towards ATH where there will be a lot of hope that bitcoin's steps will not stop, really this year is where all coins become more valuable after being accompanied by trends and hype in the market.

The price of bitcoin on Coinmarketcap $49k a step to add $ 1k is very easy maybe tonight or tomorrow we will see the target that has been set, this is good news so I will conclude this movement without going against it.

More of the whole next week will start the attempt to $50k. As the pattern is just moving on $48k-$49k, but not enough push to hit $50k in the last 48 hours. Again, another interesting week ahead of us, TA shows that we still have a lot of bullish momentum and the upward trend will continue at least for the duration of August. And then entering the last quarter, which historically is also very big for bitcoin.
hero member
Activity: 2282
Merit: 560
_""""Duelbits""""_
August 22, 2021, 08:25:47 AM
#41
Slowly bitcoin will continue to move this will show that in August this will have reached $50k I'm sure the prediction can be started after reaching it and will continue towards ATH where there will be a lot of hope that bitcoin's steps will not stop, really this year is where all coins become more valuable after being accompanied by trends and hype in the market.

The price of bitcoin on Coinmarketcap $49k a step to add $ 1k is very easy maybe tonight or tomorrow we will see the target that has been set, this is good news so I will conclude this movement without going against it.
sr. member
Activity: 1596
Merit: 268
August 22, 2021, 07:24:36 AM
#40
I think that we will see the price reaching 50k dollars next week. The current resistance level doesn't seem to me as too hard to break. The thing that I'm curious about the most is whether the price will be able to break a new record. The ATH level is 64.8k dollars now. Maybe we can see this earlier than we expected. And this could ease things for Bitcoin to reach even 100k dollars in this year.
full member
Activity: 2366
Merit: 207
★Bitvest.io★ Play Plinko or Invest!
August 22, 2021, 07:18:28 AM
#39
Bitcoin started this weekend market on a very good note hasn’t broken the 48k price benchmark which has held Bitcoin down for over a week before finally crushing the 48k price resistance level arriving at $48,500 on Friday evening, Bitcoin will inevitably end this week with a market price of $50k.

What is your analysis of this prediction?
It'd been harder and harder for bitcoin to cross this line , almost there yesterday but still fell back to 48,000.

How will bitcoin make this far if the support from outside investors are not there and they prefer putting funds in altcoins.

Look how cardano is climbing and also Polkadot and Solano?

if this altcoin growth continues , then bitcoin may not reached another ATH instead we will be having another Altcoin season.
jr. member
Activity: 49
Merit: 5
August 22, 2021, 06:54:39 AM
#38
An entire month now of higher highs on the weekends, always starting on Friday, stretching a couple of days, and then pullback mid-week. Don't know about you guys but that really looks like momentum building en route to ATH test.

Really looks like 50k could be the marker for the rally everyone's waiting for but I personally think the ATH will be the catalyst; we're going to be oscillating like the last 4 weeks in higher ranges until 60k.

Yes, bitcoin is poised to make a sharp bearish move in the near future. Should bitcoin break the $55,000-$56,000 level, the recent bullish pattern will complete and the odds of bitcoin breaking $60,000 in the near future will be quite high. The large distance between the current price of bitcoin and the $60,000 price can be considered a healthy distance.

Bitcoin breaking the $60,000 level will cause a major rally in cryptocurrencies. Therefore, the cryptocurrency market has great potential to rise from here.

As of now, bitcoin is trying to move towards $50,000. This is the major resistance as well as the weekly resistance area. Thus, if bitcoin breaks the $50,000 mark and makes a sharp bearish move, the next target will be $53,000 and $56,000 area.
sr. member
Activity: 1624
Merit: 304
kycfree
August 22, 2021, 06:40:07 AM
#37
Bitcoin price is very likely to go over $50k even today I think. It came across with a resistance yesterday and went back to $49k. But now, we see that it's started to climb again. Bitcoin really seems decisive to break the $50k resistance level in a very short time. And after that, I think we can see the price between $50k and $55k in the coming week.
full member
Activity: 1386
Merit: 107
Sugars.zone | DatingFi - Earn for Posting
August 22, 2021, 05:49:13 AM
#36
the positive trend of bitcoin price is still not over, I think $50k can be crossed in the near future (maybe the next few days). data from CMC shows bitcoin's current price is around $49,200 and that means bitcoin only needs another $800 to reach $50k. I think $800 is a very small amount for bitcoin, especially since bitcoin is currently on a positive trend.
donator
Activity: 4718
Merit: 4218
Leading Crypto Sports Betting & Casino Platform
August 22, 2021, 02:23:45 AM
#35
$50K is a pretty significant psychological barrier to break through. Once it does though, there will be an extreme amount of renewed  interest as the media will no doubt be making a big deal if it. I’m sure plenty of writers spent the weekend polishing their articles for the inevitable event. I’m hoping that’s enough to power us to new highs, where the reporting cycle will repeat itself.
sr. member
Activity: 1484
Merit: 277
August 21, 2021, 06:34:16 PM
#34
This was the most trending predictions now, we're closer to $50k already and I wish it wouldn't be too far from reality. Before that price will be meet, we will have to see fluctuations kept bouncing over.
Most probably it will happen this month of August, and after that let's wait another corrections is probably going to exist.
For those who doesn't have own btc yet, keep saving it so you won't lose this upcoming opportunities.
full member
Activity: 2086
Merit: 193
August 21, 2021, 04:50:41 PM
#33
With the current price of Bitcoin right now around $49k, we might be able to reach the price of $50k this weekend and we are able to break resistance on that Level for sure we will continue the trend up to $55k so watch the market, the green candles are coming in and that’s a good signal for us.
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