Bitcoin @ $50k - page 6. | Bitcointalksearch.org

rhodelmabanal

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Quote from: BIN-BIN on August 20, 2021, 04:16:30 PM

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?

I think it is a few step to go we will reach that 50k$ again btc current price is 49,259$ so I think not to far from this moment 50k$ to 60k$ is possible to reach or even 70k$ there are always a possibility, we only need to wait for the next update because the market still can change anytime.

buwaytress

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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.

BITCOIN4X

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Quote from: adaseb on August 21, 2021, 12:25:26 AM

Its funny because we are almost over $50K however most of the people on crypto twitter, reddit and bitcointalk forum are very bearish. It either means they went short, or they sold all their crypto and want to buy back at a cheaper price. Because its strange to believe why all of a sudden everybody thinks bitcoin will crash any day now. Similar to how at $64K, everybody was saying we are going to $100K.

It sounds funny, but the market is unpredictable. When people expect a pump but the opposite happens and price start to fall, so when people expect a dump, the opposite happen and prices go up. $50K is almost over but I can still hear dump screams everywhere in this space. I want to lift the barbell more often to make my hands stronger. LOL

newwest

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Quote from: anggoro manise on August 21, 2021, 10:46:51 AM

Quote from: BIN-BIN on August 20, 2021, 04:16:30 PM

What is your analysis of this prediction?

Given the stability of the bitcoin price it will be very possible to reach back $50k in the near future. in my opinion because prices are stable and there is no sign of a significant decline. and allows the price of bitcoin to continue to rise maybe in the 3rd or 4th quarter...

Bitcoin is now closer to 50k and the bounce back from fallen prices of 30k just ensures that bitcoin is not on a falling street. As well expecting that again this year we may see a new ATH in 3rd quarter. I am expecting somewhere close to 70k and might continue the rally for longer this time.

UnDerDoG81

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That we did not have a proper correction for a month is extremely bullish to me. And this is just the beginning of this bullrun. I expect insane price jumps of 10-20k a day on the end of the cycle. For how long can we believe that this is a bull trap and a relief rally? Hope we get into the 60s teritory soon and can get over the bear market talk. Then things should start to really heat up once people realize it's no trap.

anggoro manise

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Quote from: BIN-BIN on August 20, 2021, 04:16:30 PM

What is your analysis of this prediction?

Given the stability of the bitcoin price it will be very possible to reach back $50k in the near future. in my opinion because prices are stable and there is no sign of a significant decline. and allows the price of bitcoin to continue to rise maybe in the 3rd or 4th quarter...

jrrsparkles

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Quote from: molsewid on August 21, 2021, 10:05:18 AM

Quote from: jrrsparkles on August 21, 2021, 09:47:19 AM

At some exchanges the prices almost went mid 49K so 50K doesn't take too long to reach if the current trend follows.

Keep HODLing bitcoin!

I've never visited some exchanges to check of bitcoin price but after reading this thread before I write here I just make sure to check the bitcoin price and yes to my surprise bitcoin is now in a $49,000 and the $50,000 is just a little bit far and in to my own perception this is going to be attainable any minute or hour now. Glad to see bitcoin back in this rally again and to think that we are 4 months away before year end which it is my personal prediction that we will going to witness another milestone of bitcoin will be started by BER months i think its possible.

If you want to check the bitcoin price instantly then use preev which shows the average value of bitcoin at the market in real time, for the last few days I kept that tab open and still the price keeps increasing whenever I see it.

molsewid

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Quote from: jrrsparkles on August 21, 2021, 09:47:19 AM

At some exchanges the prices almost went mid 49K so 50K doesn't take too long to reach if the current trend follows.

Keep HODLing bitcoin!

I've never visited some exchanges to check of bitcoin price but after reading this thread before I write here I just make sure to check the bitcoin price and yes to my surprise bitcoin is now in a $49,000 and the $50,000 is just a little bit far and in to my own perception this is going to be attainable any minute or hour now. Glad to see bitcoin back in this rally again and to think that we are 4 months away before year end which it is my personal prediction that we will going to witness another milestone of bitcoin will be started by BER months i think its possible.

jrrsparkles

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At some exchanges the prices almost went mid 49K so 50K doesn't take too long to reach if the current trend follows.

Keep HODLing bitcoin!

michellee

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I am sure the bitcoin price will be at $50k sooner or later, no matter if that will happen this week or next week. I am not worried about the bitcoin price moves because I believe the price will increase, even if the price is down for a while. In the end, the price will rise and make a new ATH. We will see what will happen tomorrow and if the price can back to $49k, it will give a chance to still increase and maybe it will back to $50k in the next week.

Oasisman

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Quote from: Slow death on August 20, 2021, 06:03:36 PM

Quote from: BIN-BIN on August 20, 2021, 04:16:30 PM

Bitcoin will inevitably end this week with a market price of $50k.

The price is currently at $49200 and it is clear that it is very close to reaching 50k, but the question will be:

Will the price be able to stay above 50K this weekend so that it ends the week above 50K?

one thing and it being able to reach 50K and another very different thing Is the price being able to finish the week above 50K

Bitcoin might not be able to sustain and hold $50,000 for a week, because short sellers and traders are already anticipating Btc to hit that level any moment now and they're going to sell it before it goes down. However, If Bitcoin will continue to be overbought, It could and will sustain the $50,000 level and aim to break another ATH on the latter.

Let's just see how the market reacts once Btc touch the $50,000 mark. Usually, It will have frequent pull backs and shorts recoveries.

buwaytress

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Quote from: asrinur on August 21, 2021, 04:45:07 AM

Bitcoin is showing good signs of gains after breaking through the $48k resistance area, fueling hopes that the bitcoin price may hit a new all-time high. It is very important for Bitcoin to stay above the $48k level going forward. Therefore the price of Bitcoin will soon push to the position of $50k.

Be nice if each week, the previous week's resistance becomes the 7day support but it does seem to also break by Wednesday, so still cannot really feel any certainty for how markets might move when either side finally decides to go for the break.

The bears will be demoralised though this entire August unable to sustain any downward pressure. 50k today or tomorrow and then they might, might just give up.

jostorres

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Quote from: BIN-BIN on August 20, 2021, 04:16:30 PM

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.

Most probably you are going to have above $51k by the times of coming Monday. Usually weekends are known for stronger bull run to happen in crypto markets and this week, we are at a critical resistance level right now and once we are breaking this strong resistance levels at $50k levels then we can see bitcoin prices are flying toward a new ATH.

I am not seeing any other big resistance levels to hold bitcoin markets from reaching a new ATH. Hence, breaking of $50k levels by this weekend might lead to one rememberable incident in bitcoin markets as it will open doors for another wave of stronger bull run in 2021.

Obito

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Quote from: asrinur on August 21, 2021, 04:45:07 AM

Bitcoin is showing good signs of gains after breaking through the $48k resistance area, fueling hopes that the bitcoin price may hit a new all-time high. It is very important for Bitcoin to stay above the $48k level going forward. Therefore the price of Bitcoin will soon push to the position of $50k.

Some people in the market might already take a profit at that point so there's a possibility that it's going to go down because there's a lot of people that's going to sell their bitcoin to take some profit, tread lightly because anything can happen and the resistance at 50k is as strong as back when the market was trying to break it for the first time.

OrangeII

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Quote from: Slow death on August 20, 2021, 06:03:36 PM

Quote from: BIN-BIN on August 20, 2021, 04:16:30 PM

Bitcoin will inevitably end this week with a market price of $50k.

The price is currently at $49200 and it is clear that it is very close to reaching 50k, but the question will be:

Will the price be able to stay above 50K this weekend so that it ends the week above 50K?

one thing and it being able to reach 50K and another very different thing Is the price being able to finish the week above 50K

well, one thing that usually happens when the price of bitcoin has hit a high price, sometimes that price won't last long to last because quite a lot of people are targeting the price of $50k and selling their assets at that point.

however, it's still speculation, I still hope that when the bitcoin price has broken the $50k wall, I hope the price will continue to rise. In addition, quoting from price analysis from Cointelegraph today, they are also very confident that when the price of bitcoin reaches the price of $51k, there will be a high possibility that the price of bitcoin can continue to rise to the level of $60k. well, let's hope the bitcoin price hits $50k first.

worle1bm

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Quote from: BIN-BIN on August 20, 2021, 04:16:30 PM

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?

We seem to touch $50k mark soon as we are left with only $1117 price target to hit exactly the half century price levels as it is trading at $48,883 as per CMC so hope it's going to break the resistance and cross it.But the market is completely unpredictable and we can be speculative only and optimistic about its growth and just hodl long term to get profit guaranteed.

asrinur

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Bitcoin is showing good signs of gains after breaking through the $48k resistance area, fueling hopes that the bitcoin price may hit a new all-time high. It is very important for Bitcoin to stay above the $48k level going forward. Therefore the price of Bitcoin will soon push to the position of $50k.

Yaunfitda

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Currently at $48,850, but I've seen it going above in the $49,200 price and I thought that we are going to break it today. Unfortunately, it dip a little, but nothing to worry about it, cashing out at $49k++ is good strategy for some speculators, that's already a sure fire profit already.

So I expect that next week and up to Aug 31, we might see it exceeding $50k, and now entering the last quarter with a fresh and bullish sentiments, nothing can go wrong, and maybe we will hit another all time high.

ethereumhunter

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Hopefully, the bitcoin price will reach $50k in the weekend, but if that does not happen, maybe next week will be good for the bitcoin price to reach $50k. No matter how long the bitcoin price needs to reach $50k, it will be on that price and will be more than that price in the future. But I guess the bitcoin price can still stay at the $48k price level until this weekend so next week will be a good start to increase. Otherwise, the price will start to grow in the next few hours. Let see what will happen these 2 days.

RILWAN

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Bitcoin is already trading around the 50k region as the price of bitcoin keeps rising in the late hours of Friday before the end of today if bitcoin continues with this price trend, then we may even have above 50k before the start of next coming week.

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