Bitcoin is found to have good resistance above $15000. Today price of bitcoin crossed $16000, but this didn't last for much longer time period. Over the ongoing weekend we can expect the price of bitcoin once again cross $16k and gain resistance to move forward. From the growth we've been experiencing over the last few months there is good stability and gradual rise.
At the moment resistance is good, that is true, but it can also change easily.
Currently the price is slightly above 16k and that might look like it's heading towards 17k. However, corrections are possible in any moment and we have already experienced some so it will take more than just resistance for Bitcoin to keep current level and move forward.
now bitcoin is in the range of $ 22K- $ 24K far from all the predictions that have been made, maybe because this post was made a month ago, so there are changes that are not updated anymore.
the possibility of bitcoin going down again could happen even though the end of the year is a matter of days but it will not be below $ 20K, even if there is an increase it could be that bitcoin will be $ 25K.
Again, this kind of thread is good to look back, we are just talking about $15k at the end of year, but look at where the price, around $22k-$24k and there is a possibility that we can hit $25k if we keep this momentum going and FOMO.
So all possibilities are still very possible because Bitcoin behavior is starting to be difficult to know the direction and easily and the count of days can change up or down. all existing predictions must be updated again.
With the way the price moves in the last two months, everything is really possible, yes the market is still volatile, but we are in the bullish mode, so most likely there is a chance that the price can still go up at the start of next year, so $25k-$30k is attainable.
