We still got a couple of days so we will see if we can stay above the 30,000$ mark. If we can really break this support than the only way is up, which would be good for all of us except that we will loose some bets lol. As long as ETH stays in the good range, I should be able to make some profit.
BTC has been trying unsuccessfully to break through the resistance at $30k for the past 6 months. As we can see, it finally happened, and I personally think that the BTC price has irrevocably surpassed the $30k mark this time. If there is no bad news, we may never see BTC below $30k because we are only a few months away from BTC halving.
As for bets, there seems to be a good chance that the BTC price could be in the range of $35-37,5k or $37,5-40k later this month. Lucky for those users who decided to take a risk and bet on these ranges this time.
Lol it is funny how it goes sometimes, just a day after my previous post and we are already at 34,000$ and no signs of going back down again. As you mention, is there is no bad news, we will probably keep above the 30,000$ mark but in crypto nothing is for sure also.
Yeah, absolutely right, nothing is for sure, and this is why we are advised to at all times, only invest what we can afford to lose, right now, i think the price of bitcoin is stuck between $34,200 and $33,500.
Personally, i feel that there is a major resistance at $34,500 and a major support at $33,500, if bitcoin is able to break through $34,500 once again like it did before, then there is a high possibility that the up surge will continue and we may see $40,000 sooner than we expect, but if the price can't hold up and drops below $33,500, then we may see the price drop to $32,000 back or even lower.