Bitcoin @ $50k - page 7. | Bitcointalksearch.org

adaseb

legendary

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Quote from: mk4 on August 20, 2021, 09:14:38 PM

Funny how like last week almost everyone's bullish, predicting a drop down to 20k-30k and all that. And just like with a simply flick of a switch, we bullish again! To the moon! /s

Yea, one of the reasons why people should simply just hold and not try to time tops and bottoms.

I think you meant "Funny how like last week almost everyone's bearish..." Read your post a few times until I finally got the typo. But I agree with you. Seems every week people are flipping back and forth. Right now everybody is bullish and if we get a slight pullback, everybody will be bearish expecting $30K again.

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.

The Cryptovator

legendary

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Bitcoin traded above $49K today in Binance. So it's not too far from the $50K zone. If any bad news does not come out recently then there is the possibility to break the $50K zone at any time. And we have to keep in mind, to see another ATH or another big bull Bitcoin should break the first $50K zone. So in current situations breaking the $50K zone is quite important. I am not a good analyzer, but hope Bitcoin would break the $50K zone this week at any time. If not then we might encounter a bear market again.

Rajamuda

sr. member

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I had said before that the price of bitcoin is very likely to reach $50k without experiencing much decline, the buyer rate still looks high, of course it causes the price of bitcoin to easily touch $50k. Who doubts this? no need to feel that.

Fundamentals Of

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We are entering the weekend already. So far the price of Bitcoin has already broken the $48,000 resistance, which has already weakened after several attempts for the past days. In fact, Bitcoin has already stepped on the $49,000 mark. I am confident that with $50,000 very near, it would now be easier for the price to finally come back to Bitcoin, if not within the day then most probably tomorrow. But if $50,000 is a strong resistance then the weekend will probably end with just around the $48,000 which has probably been considered a support now.

mk4

legendary

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Funny how like last week almost everyone's ~~bullish~~bearish, predicting a drop down to 20k-30k and all that. And just like with a simply flick of a switch, we bullish again! To the moon! /s

Yea, one of the reasons why people should simply just hold and not try to time tops and bottoms.

EDIT: typo

Tim-BTC

member

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The market broke through the 48,000 upper edge of the previous box shock yesterday. Once a short-term upward trend is formed, as long as it does not break the support, it will continue to fluctuate and rise. Then the market will continue to oscillate upward along the following upward trend line. Today, the upper market pressure 49500, 51000, 53200; lower support, 48000, 46700.

Text

hero member

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It turns out that only $500 is missing in the past 24 hours which would have reached the $50K range.

This is what most people say that the bull run is not over this year. I also expect that any time from now on the price could hit $50K within this week or next. Just slow as long as steady.

Kemarit

legendary

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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?

It's pretty obvious that once we broke that big barrier of $48,000, our next stop will be $50,000.

Possible to end this week with $50,000, however, we shouldn't rush to it. If it reach that price, then good, what's important is that the price increase in natural, and not being artificially pump by whales and influencers, because we all know what will going to happen next if the price goes very fast.

LogitechMouse

legendary

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Bitcoin right now is at $49,000.
$50,000 is a strong resistance right now but I expect that it will touch that price anytime soon (maybe in 1-2 weeks time).
Now that $50,000 is near, the question is that will it stay above that price because that will prove whether we will see Bitcoin going up even more or it is only just a false breakout.

No analysis for me. Just a prediction and just by watching in the market, you can know what will be the next targets that Bitcoin might try to reach.

Slow death

legendary

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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

tabas

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Well, not going to be that much with those analysis and prediction. It is very likely that we're going to be in $50k anytime soon. Coming from the lowest that it had when it corrected on $44k and rising to $48900. We might see it any moment now that it will break to $50k.
But if it won't break to $50k then expect that it has to drop to its support.

BIN-BIN

member

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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?

Topic: Bitcoin @ $50k - page 7. (Read 997 times)