Bitcoin Forum

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?

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.

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 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.

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.

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.

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.

Funny how like last week almost everyone's bullishbearish, 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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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 (https://cointelegraph.com/news/price-analysis-8-20-btc-eth-ada-bnb-xrp-doge-dot-sol-uni-bch), 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.

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.

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.

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.

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.

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.

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.

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...

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.

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.

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

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.

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.

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.

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.

$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.

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.

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.

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.

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.

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.

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.

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

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.

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.

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! ;)

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.
 

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.

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.

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.

We are too close for this and there’s a high possibilities to reach this price in the next coming weeks because the momentum is still with Bitcoin and the trend is still good in the market. I’m actually buying right now because I see a good signal hoping that my prediction is correct so I can take some profit in the coming days.

But it is no easy task for the time being, just like the previous barrier of $48k, it takes weeks for us to climb again and sustain that price.


A big price point because it is a round numbers. But if we would have to break it, at least $52k might be sustainable going on next month. The average price or at least for me the testing price will still be around $43-$46k before we can see another attempt to $50k.

My prediction about Bitcoin is that the price will be able to reach $50k level in only a few days. $50k resistance level is not unbreakable as it seems. The price is wandering around it now. After breaking the resistance, I think that it won't be too hard for it to move on to $55k step by step. But I'm not sure whether it will continue to increase until breaking a new record. I still don't think that it's a bull market.

We are not far away from this milestone and it is very much possible for bitcoin to cross the milestone of $50k again within some days. At the end of every year and the beginning of year, we see great movement of bitcoin and we are now in this stage. So we can expect good thing from bitcoin.

We have touch $50k very briefly in the last 30 minutes, so that is already a good news. And another indication that we are in the bullish phase. But I would say that it might take at least 24 to 48 hours to sustain that price as it is bouncing around.

Nevertheless, I would expect good things, the future is bring, we might go and attempt for a new all time high this December, so stay tune.

The price is still at $50,000 right now. That wasn't just a brief touch with it. The reason why it may still grab, let go, grab, let go, grab, etc of the $50,000 is that there is clearly a battle with it. $50,000 is a hard resistance to conquer but I believe it is a very important price that once conquered will push us up even further probably straight to $60,000 or even a new all time high.

It helps that news are rather good these days. Coinbase committing $500 million more to crypto especially Bitcoin. PayPal finally offering crypto buying and selling in the UK. Among other good news.

So here we are finally at 50k again, and so soon after seemingly losing grip on yet another weekly high. The higher high trend on the entire stretch of weekend days played out once more. Not sure who to credit more: Friday bulls or the Monday Asian buyers taking over.

I rarely, rarely dare to back my predictions with confidence, but I'm a little bit of a Sunday gambler, so let's call this my occasional bet on Bitcoin markets. Getting in now for those 50% moves won't be a bad call anyway; worst case scenario is we don't get a new ATH, and then we resume a long bear cycle. Enforced savings until next halving;)

Bitcoin back above $50K once again. I would have stuck with BTC, but i only regret that it's a little bit. It's king and all eyes were on $50K. Indeed, this is just the beginning of a huge breakout. Let's hope it keeps pumping and pumping. Better to fill your bags and lets hit the moon together. Let's stop $64K

NO, the big stop will be in the 6 digits as many has predicted before, specially the S2F modelling.

In any case, that big $50k barrier has broken already, expecting more FOMO to set in the coming days. We still have a full week before the end of August, but this month alone has given us a big upswing in price. So let the pump continue, at least $52k at the end of the month will be very attractive. Not sure if it's the time to fill the bags, but if you have been holding and didn't panic during the dump to $28k-$29k, for sure you are very happy to see the price jumping above $50k now.

I absolutely thought bitcoin will reach 50k by this week.
Bitcoin is currently on an upward trajectory and I think we’re going to see BTC reach new all time heights in the coming months.
The reality is bitcoin is an amazing technology and we are seeing more acceptance and adoption of the technology by large corporations and governments that will further drive the price up.

Since May's decline, bitcoin's price is now back at $50k again. this fits very well with speculation and people's expectations of seeing a $50k price tag before Q4 of this year. however, right now, the question is whether the bitcoin price will stay above $50k until the end of the year or not. however, if it holds, then the bitcoin price will likely be higher than the ATH it has ever hit.

referring to this article (https://cointelegraph.com/news/top-5-cryptocurrencies-to-watch-this-week-btc-ada-avax-cake-atom), it seems that if the price of bitcoin continues to rise and shows strong indications, it could reach $58k in the near future. however, if the price goes back down, it is likely that the bitcoin price range will be back at $45k to $48k.

Of course, everyone is hopeful like you too that for bitcoin to continue pumping to increase it might not even be close to ATH $64,804.72 - Apr 14, 2021 ago but being able to exceed that ATH would even create fantastic ATH.
I am very sure that it will happen at the end of this year if you look at the process of the first and second halvings, which always happened at the end of the year, one year later the halving took place.
so there is still an opportunity for those who want to pay in installments for investment.

That's really great news to us but what about next milestone? Do you think bitcoin will be able to cross $60k again within next month? I'm hoping at least $70k within this year. Isn't possible for bitcoin?

I previously say that it will be at the end of the month. But hey, we have hit it the first day of this week so no complains whatsoever.

Yeah, wouldn't be surprised if we surpassed the old ATH of $64k and then goes at least $70k-$80k at the end of the month. Mostly holders by now are very happy to see their portfolio increasing again because of the upward trajectory that we are seeing.

I hope you're right because I have a lot of bitcoin that is ready to go and gain a lot of profit, I have been saving for about a year now and I think that if it ever comes to that, we will see bitcoin go up much higher than the previous ATH and hopefully I can sell at a large profit margin.

Bitcoin price pumped today briefly reached $50K and presently retracing to $49K+ I think the resistance at $49300 is a bit strong,  the price broke through it to reach $50K, however it seem the resistance is rejecting the price, if the daily price of today close below it, then the price couldn't sustain the uptrend, consequently the price mark of $50K wouldn't be attained today, a possible minor correction might triggers the price to reach $50K, I am very optimistic that before the end of the month the price will likely close above that price mark provided that the bullish trending is sustained.

I really hope Bitcoin will pass $60k in the next month.
almost all the mass media are excited about this btc bull, It's great news that bitcoin touched $50k today although it's currently back at $49.6k

bitcoin bullion is unstoppable and the demand for bitcoin in the market continues to increase

The media has been spreading good news about the hike to $50k. Of course this will be more attractive to other investors to rush to invest some money in it, but my prediction is that the price will be much better in the next month, after many surprising predictions about this speculation. but I think we will wait for the best results.

$50k already passed so next month's target is $60k and so on it's going to be a good move.
Maybe 70k soon my prediction in september or november.

I was just sharing with my friend here of how good Bitcoin price moving up. Relatively your question come in here. I was sharing that, by end of this year Bitcoin would certainly reach $70k to $75 and will be stable enough to $60k. Then at the end of 1st quarter 2022, it would reach by $90k then again be stable back at $70 to $75k. By end of next year, hopefully it should reach $100k. Hope other coins should have good growth along with Bitcoin. 

And back down again... It is not really the powerful push yet that we are looking for. Maybe the news about institutional investors signing up for ETFs or something that I read might help. But it is still not the real momentum that it sometimes has and it also doesn't feel like that.

I think that the way bak to the former all time high will be a bit more cumbersome. Everybody is cautious and doesn't really know, huge news are also not available.

It seems that the Bitcoin price push is not strong enough to rise above the $50k price, because the Bitcoin price corrected back to the $49k price.
But because the price drop is not too far away, it looks like in the near future the price of Bitcoin will go back above the $50k price. To go up to
the previous ATH price is still difficult to be sure, because indeed to be able to return to that price, a large amount of good news is needed. Which is
able to convince many investors, especially big companies to invest in Bitcoin. For now we only need to monitor Bitcoin price developments,
so we can predict where Bitcoin will move. But if we are patient in Bitcoin investment, everything should be fine.

Bitcoin is slowly going up, a step by step, it could reach a new ATH before the end of this year, just hold what you can, with this pace it could reach $60k in the first weeks on next month, imagine some news about Visa buying bitcoin, it could make it sky rocket, Visa might do it since it is "paying" attention to NFTs, some news like that from big companies can change a lot.

Right now the price of Bitcoin is $49703, The big resistance is now $51300. Bitcoin already touches this resistance, If Bitcoin can able to break this line then $55,000 is welcome. But for this Bitcoin need to hold a $48,000 support level. If a 6 houres candle closes above $48,000 then we are bullish and close below the Bitcoin market will be bearish!!

Early-stage buyers/holders selling their bags at this level. So we are dumping a little a bit, but do we know when people sell bitcoin pumps??? Now waiting for a clear breakout or breakdown...

https://i.postimg.cc/prnr4TQH/BTCUSDT-2021-08-24-14-34-36.png (https://postimg.cc/SYkmzmtT)

And that has happened ($50K), now that Bitcoin has dropped again from $50K to $49.7K it's probably going up again at $50K and I'm sure Bitcoin price will pass the $63 high this year. The exact prediction of the price of Bitcoin, I feel that the influence of economic conditions in the midst of a pandemic also has an effect.

Its early to tell but since bitcoins price surge at $50k unexpectedly maybe we can see those possible numbers you mentioned and so far the market is so bullish so I think maybe we need to broke the $60k before going up to another figures since if this one happen then provably $70k will be the next milestone to hit. I do hope even next month that we can still see bitcoin dominates so that we can see it continuously to rise up.

Finally Bitcoin broke that barrel but the thing is only stays 3 days in 50k then drops back again to 48-49k .

looking at the graph it seems that the next target is 55k in which far to exceed in the movement now as altcoin is barbing the increase.

but lets see in the next week , if this change to grow then we are on the run for 60k.

I get that it is not easy to see bitcoin going over 50k and not have any in your pocket, but I do not think that people who see it go over 50k could stop themselves neither. I agree that these type of big news about the price of bitcoin starts a snowball effect that goes slowly and slowly first but then gradually grows bigger and bigger.

I have to say it is really a nice situation that we end up with this price, because even 49k is not enough to make it a news worthy thing, it is not a round number, for some weird human psychology reasons, 50k is 10 times better than 51k, you can't even make a 51k related news, it needs to be "over 50k" and that is a lot more interesting to people, no idea why our brain works like that. So, I think the more news like this the higher the price and 64k+ is definitely in play right now and we may see it in few months.

Bitcoin price already went over $50k. But this time, we are witnessing it to decrease gradually and it has gone down to $47.9k now. I assume that it is another price correction after a good amount of increase in the price. I think that it might recede until reaching $47k exactly. But after that, I'm expecting to see the price starting to increase again and going towards $55k.

Yes, it is, as long as the price is not going below $45, I think this is just another healthy correction, just like what we witnessed before the sudden spike to $50k. We have a strong support at $47k and I think it will hold for now until we have another break out run.

The good thing is that we have a week to accomplished and bring back the price to $50k. So that's a lot of leg room for us to work at the end of this month.

I believe that if Bitcoin continues to rise and reach this year's highest price from the price that occurred a few months ago, then there is a possibility that the price of altcoins will also have an impact even though only a small part of the altcoins are on the market.
If what I say is true, then it shows that there is a positive influence of Bitcoin which can give space to altcoins regarding their prices (Altcoins).

I guess the strongest resistance level for Bitcoin right now is the $50k price level. Once Bitcoin price moves above 50k and can sustain that, the next stop price will be $60k.

Hurdlers are very optimistic this season as the bull run slowly and gradually gathers momentum.

It seems that a lot of people have taken a profit at this point because most crypto are already down this day, I think that this is a good opportunity if anyone wants to buy some bitcoin because it's only a matter of time for the prices to go back up again.

Might be too early to say that Btc will be heading at $55,000 after this short pull back.
Currently, Btc is trading at $47,000 level and I'm guessing that Btc might take days before it bounce right back at $50,000. It might need to have at least a couple of days to build up while traders are buying into the short dip, and then pull back again. This could go on for the remainder of August.
I'm expecting Btc to be maintaining the $50,000 level on September.

The price of BTC has been very strongly upward, it is likely that when it touches the $ 50k levels again it will be a test to see if there is still more supply, however analysts are waiting for the price at $100k:

https://i.imgur.com/r2BjMkp.png
Source: https://cointelegraph.com/news/bollinger-bands-creator-warns-bitcoin-bulls-as-btc-price-struggles-below-50k (https://cointelegraph.com/news/bollinger-bands-creator-warns-bitcoin-bulls-as-btc-price-struggles-below-50k)

As long as there is supply at the $ 50k levels it will not rise with intensity, as the bears are planning their strategy there, for now what I am seeing through the volume reading is that the bulls are buying at the dip, for this reason the price has not fallen so sharply.

It's continuously going down so you're right about buying bitcoin right now, bitcoin has considerably gone down this day so it's the right time, hopefully the prices really do bounce back.

I think that what we have seen right now that we could definitely go to a lot higher levels, it is definitely possible. However, I am not sure about how slowly or fast it will happen, it could happen very quickly or it could happen very slowly.

Maybe we will barely see 55k for the next month, or maybe we will just do a whole lot more than that? Maybe for the next 2-3 weeks it will stay around 50k and then suddenly it may go over 60k and that is the most important part, we can't just be calm and relaxed about it, we need to realize that we should be very comfortable very soon when the price goes up and until that happens, we should just relax and do nothing and wait for it to happen.

$50K becomes quite a strong resistance and not easy to pass, there will be several trial stages to break it then $50k becomes a strong line of support for Bitcoin.
Consolidation like this will probably last for a few weeks. If we look at the Bitcoin trading volume on Binance, the trading volume is still stable in the range of $2-$2.5 Billion Dollars, Usually if the pump continues the trading volume increases rapidly.

it looks like what you said is correct, bitcoin is still difficult to get past this crucial figure at $50K, if it is missed it is only temporary and will go down again, but if that momentum can be passed then there will be a fairly high spike from bitcoin which will clearly try to get past ATH their last and form a renewable ATH which might be even better. indeed it seems that the momentum has not been seen and we are waiting when we enter Q4 then there we will see the movement is real.

It looks like a trap, bitcoin is down now and only trading at almost $47k. I am not sure if it will still bounce back soon but it could be a sign that the bullish movement we saw could possibly be a trap only. We are used to seeing a green market in the past few days but we are seeing some red market, do we still hold or convert it to a stable coin temporarily?

Lol bitcoin stays above 50k for couple of days so obviously it was being passed , the problem is to maintain the momentum  ;)

i Know that there are chances this month to make it to 53,000 as paypal is on the move to make it a way of pumping.

like what said in this post

Clearly there is a good chance .

It looks like there is still a possibility to go up again if you look at the movement of bitcoin, and also support from rising altcoin prices. it shows that bitcoin is still stable and may be going up again. but there are many possibilities that can happen, many people predict the price will continue to rise.

How did you know that there's still a possibility for Bitcoin to pump after I saw the charts from $50k down to $47k within two days? It's more likely a trap for me if you ask, just like what the other's said. I don't see any signs of stability on that market, everything is moving up and down. It's just like traders like to dump after reaching $50k and has no plan to hodl anymore.

And to be honest, I'm hoping that it would continue to pump after reaching $50k but it seems that the hype is almost over after it went down.

We've past 200 day average (https://talkimg.com/images/2023/06/12/AfqRz.png) but it has a gravity to it, we have to at least confirm price action as remaining above on daily and weekly bars.   Thats part of why we pull back now though it appears as weakness right now its also nessecery to gain higher prices later over longer time frames.

Bitcoin at this point is at a safe mode in the sense that the price is close to the 50k area even when it has already achieved the 50k price last week before falling back to below that price this week but in all Bitcoin has been stable in price throughout this week.

In my opinion though, there is no safe mode as per my experience, during the bull run of 2017, I said that the price won't go below $10k, but it did.

Although it looks very stable, the FUD gang might be just silently creating another news that might impact the market. I wanted to see the price tops $50k again and have a good momentum to much on the upside.

Too dark bro.

still relatively stable if the price of bitcoin drops from $50k to $47k. I say so because it is a session of altcoins to pump. It's only natural that the price of bitcoin goes down. look at the movement of each coin, not only the movement of bitcoin, but also the impact of the decline in the price of bitcoin. I still believe we will still profit if we buy bitcoin at $50k. but we must also be able to take advantage of the opportunities and the up and down of all coins. because it won't take long.

Pull back is over, the price has recovered in the last 24 hours with a 3%++ jump as bitcoin future expiration settlement is completed yesterday.

So yes, we are in a good trend again and the bull run has resumes, so I will not be surprised to see the price jumping to $50,000 again in no time. And then entering the last quarter will a full bullish sentiments and then taproot in November. Everything looks bright.

I was wondering if the Friday leading to weekend trend would be repeating itself as it seemed somewhat uncertain for most of the day yesterday but it does look like it's firming up already for the 5th, maybe 6th week consecutively (who's counting, right, ha ha). Best of all, Saturday hasn't even started yet for N America.

Ghost month not so bad after all, have to say. Would still like to keep some distance above 200 MA though.

Seems to slow down a bit during weekend, volume is very thin as well, but who knows, the market is very unpredictable. As far as I remember the first touch to $50k happen on a Saturday. So maybe this two day weekend will surprise as well.

As the way I understand this ghost month, from first week of Aug to first week of Sept. But looking back, it's not that bad after all as the price was on a the uptrend during that weeks.

Yeah, that's been the only downside to the weekly higher highs: volumes have not exactly been encouraging. Asian markets also finished now, so we only see them back at Monday. Running out of time for the expected 50k test today, otherwise the 4/5 week rising pattern will be all but invalidated -- but that's what the ghost month's supposed to be all about. Just over a quarter of a year left and September. Tick tock?

I get that there was a big fall on crypto price, but that doesn't mean that the fall will continue to happen neither, it just means that it fell and that's it, there is no indication of this fall having an impact on the future price neither. We had falls that followed by more falls, we had falls followed by bigger increases alter, we do not know which one this will be.

Remember just recently we went from 48k to 44k and everyone started to believe that the price of bitcoin will be 30k again, no idea why people believed that but they did and there were topics about it. Now look at how it is, it even peaked over 50k very recently. This is why this could be the same thing, from 50k to 47k and then to 55k is not impossible and we should not be worrying about it. I am not saying that will be the case, all I am saying is that it is not impossible for it to happen.

Judging from the technical analysis, bitcoin has the potential to touch the level of US $ 50,000 again, after bitcoin managed to break through the price resistance of $ 48,000 or the highest level in the last three months. I predict bitcoin will hit an all-time high of $65,000 again.

Bitcoin price already achieved $50k level and now it is time to get closer to reaching a new ATH. The first target is breaking the $50k resistance level again. Then, it should be able to go on until reaching $55k. After that, I'm expecting a correction in the price a little but it won't go under $50k again this time. And finally, the target will be going over $60k and breaking a new record.

This week has been so challenging for bitcoin, by now predictions was too hard to foretell since market was very tough. You can see times it goes up and down, so basically traders with weak hearts tends to panic even though little fluctuations. Currently we're at $48k per btc, if it won't rise until the last day of August I am looking forward starting September $50k will begun initiate a commendable value.

It is very difficult to reach the price of $50k, it has decreased several times. But now Bitcoin has gone up to $49k, meaning that only a little more
the price of $50k can be reached. Hopefully in the next few days Bitcoin manages to rise to the price of $50k. Especially now that there is
no FUD circulating, the $50k target should be achieved this week. If the Bitcoin crosses the $50k price, this will make it easier for Bitcoin to reach
a price of $60k.

also challenging for us investors , because the price is not going anywhere from 46-50k range , so the traders is making harder to make money and holders are also having hard time to decide when to sell or buy.
but this proves one thing , that bitcoin support is still strong and worth invsting till now.
looking for at least 60,000 before end of 2021 .

Lol, it is too dark. I do not think that the same thing will happen this time around, first of all it was 20k that dropped to under 10k and that was 50%+ drop, we already had that right now with the 28k because it was 64k and that is 50% drop, secondly during that period we had BCH fighting BSV and Craig wright was responsible for dropping bitcoin from 7k to under 4k and that was one of the main reasons why that happened. None of that exists anymore, we had our drop, we had our recovery, we have no fight going on, it is just pure blissful great bitcoin from now out and I believe it will continue to go up.

I understand some people could be scared of the falls, we had a drop from 64k to 28k so even when it drops from 50k to 48k people get scared that same thing could happen, we could drop under 30k this time around, but just because it happened, doesn't mean that each fall will result with the same.

Honestly I do not believe the whole "weekends are weak, midweek is strong" type of belief, yes there are moments like that it is for sure but it is not a guaranteed thing, if it was so obvious then I would buy every friday/saturday/sunday and then would sell on tuesday/wednesday/thursday and make a lot of money, it would be incredibly simple, just profit every week insanely, just grow your balance and do bigger and bigger moves and eventually become a millionaire, hell even get loans to do that since it is so certain.

But it is not, we all know it is not, it happens time to time but not at all times, this time I believe even weekend will be great, and midweek next week will be great too, I am seeing a great bull run coming for bitcoin and that is the great thing about bitcoin, when the bulls are on the rise then it is really easy to move it higher.

I've never believed in anything for Bitcoin or crypto in general! I have some mild opinions from month to month, and then it changes quite frequently throughout the year but since I'm not invested in those opinions, as a long-term holder, I really don't have anything to lose or gain, other than entertainment;)

But the weekend-midweek cycle referenced is the one going on for the past 4/5 weeks is all. Like all patterns, only observable retrospectively.

I fully agree! We are same minded when it comes down to this, there are even 3-4 year cycles that people talk about and I do not believe that, I just believe in what I am doing which is long term holding and that will be profitable, there is no way that it will not be profitable and that's all I care about. As long as we could talk about the profits we could make in the long run then there is no point on believing all these cycles and patters and stuff like that because none of that will matter at all, only thing that will matter will be the amount of money that we could make based on long term trajectory.

I personally know that I will be rich in the future, it may take a decade, it may take a few decades but I know that I will be rich only if I can manage to keep my crypto currencies, and if I can add more that would be great too, if something happens to me and I need to sell them then I may not become rich.

The big resistance is $51,000. If Bitcoin can break this price we can easily see Bitcoin at $55k or $56k range. Most of the traders still selling Bitcoin at the $50k-$51k price range. Unser this level Bitcoin is bearish and above the price Bitcoin is bullish. Bitcoin tried many times to break this level but was not yet broken. If a 4houres candle closes above $48k then Bitcoin is bullish. Now waiting for breakout or breakdown.

That's a nice thought to hold on to. I still worry a lot about the future, but the past few years have thankfully been extremely dull career-wise, but also the most stable period in my life, so have been able to start saving, and building up some Bitcoin. It's nowhere near what I'd ever call being comfortable but I do hope it takes care of those I care about at some point. That's what keeps me up at night, really, as I'm always lucky and can take care of myself.

Meanwhile, we are at mid-week, and the dip has not happened yet. One more crack at 50k before the weekend?

So far $50k is a tough resistance for bitcoin to break. there have been several attempts to break the resistance line but bitcoin failed. it is precisely now that the price of bitcoin is stuck in the $45k - $48k price range for quite a long time. if bitcoin manages to break through that resistance line I believe it is the first step to break $64k and reach $100k.

Bitcoin price hit the US$50,000 level again as the crypto asset market started to recover from a massive correction three months ago. The recent price rally did not show any significant jumps. However, if more buyers jump in to push the price above the $50,000 level, it could be that Bitcoin is heading towards its mid-term target of $55,000.

It is amazing how quickly we got to 50k once again, just yesterday or the day before people were still saying that bitcoin may not be doing something great and in reality we did something amazing. I do not get why people are acting as if bitcoin will not be going up again so quickly. Look at how quickly we got to 50k and realize that bitcoin is not something that stays low for too long.

Most of these people are from 2017 peak times, they didn't live the previous years and because of that they believe when it drops then it drops and nothing will save it because that is how it was during 2018 and they believed that this was 2017 to 2018 peak to bottom once again which we didn't live at all. I personally love the fact that we are doing fine, and I believe ATH will be broken sometime soon as well, before this year ends I believe it will break ATH again.

I already believe that Bitcoin touches 50k$ it is now at 49k$ but I am sure that it will going back on 50k$ above price soon. I feel more bullish this time after Bitcoin back to 50k$ after it touches 29k$ before, maybe we will be having a new ATH soon my prediction is 70k$ to 100k$  before the year end.

I've been thinking the same thing that bitcoin has now surpassed $50k at the start of the month, I believe it's a very good ride seeing such high prospects and it's true with a lot of speculation about at the end of this year that bitcoin is much more valuable than ATH it will be achieve it.
Seeing the news Twitter has also supported bitcoin investors will be more confident in what they hold so far so stick with what they hold because this is an interesting show after a lot of good news so far.
The target in September is $60k and the next month is ATH must be penetrated.
I'm optimistic about that.

You can celebrate when your dawn has come, after struggling and trying to persevere with the volume of sellers, the price of bitcoin broke the ropes that were binding and climbed to the challenge of price zones once again, it is now more than 50k$ and the next number that many people guess will be 100k$ by the end of the year, coincidentally today I also heard about an American state passing laws on accepting bitcoin. Such a signal makes us more likely to expect what we are holding, new ATHs this year

Yes, it means that we have a lot of room to reach $60k this month as we have surpassed $50k and it seems that third time is a charm. I'm seeing it will hold for this week and then another slow and grind weekend. Nevertheless, a good indication that the bullish sentiment still continues and the next big target is $60k at the end of the month. Everything looks set for a $100k in 2021.

It's already there.

Bitcoin has touched back $50k and it's with added $500.

This is what people don't happen to see, they only look at how much it can increase more but didn't see the development of it that it just came from the lowest for this cycle up and back to $50k.

It looks like the end of the year is going to be a great holiday seeing the bitcoin price hit 100k is that going to happen? still under speculation.

The challenge has been passed a lot with a break of $50k nowadays people always think after a big correction half of ATH will be worse looking at previous history but this time it is different, maybe a little big influence from institutional who are more familiar with bitcoin so this can trigger a pump It's huge, and I can't help but wonder if it's really going to be 100k by the end of the year.

It is normal for us to see bitcoin at above 50k again so quickly because the fall wasn't a crash, it didn't fall to a very low level ,it went down to a level that is fine but not too low of a level, it was around 47k at the worst part. This means that it was a correction and whenever price goes up too much there will always be a correction and that's why I am feeling fine about it.

Obviously it is not going to be impossible for us to reach to those levels again, we could be 47k tomorrow if there is a correction again, but I believe that after going up so much, we just needed a correction which happened and now we are doing fine once again, there is a good chance we could go to 52k+ price very soon. Bitcoin is not something that has hard time going up when it wants to, it can do that very easily, and right now we are in that easy spot right now.

I think bitcoin is going to above $60k before the end of the coming week because the bitcoin market has exhibited a strong sign of a bull market in the late Friday market, this year 2021 is going to be a remarkable year to bitcoin and the entire crypto will see a significant increase in the level of adoption and price increase.

Your prediction is wrong if you say $50k bitcoin price resistance is hard to break. try to look back at the market that the bitcoin price has reached $50k and the price movement continues to increase because the current moment is the bitcoin price is bullish.

Many of us thought that bitocoin may be start his bull run towards 100k. At the same we get an unexpected downfall in it’s price. Today more then 9% decrease in it’s current price and it makes a negative impact all over the market. Need more time for correction. it can be said that the price of BTC will not go up very soon. Maybe 50K can be the range.

It dumped to as low as $43k according to the news.
https://cointelegraph.com/news/bitcoin-price-plunges-below-43k-in-minutes-in-crypto-market-rout

Again it was a market manipulation and the whales were being blamed for what happened.
I have no doubt about the manipulation as even from the very start, they are already here and what happened today happened in the past and could still happen in the future.

That's okay.

It won't usually go with what we're expecting because there has to be some balance such as dips and corrections before it eventually goes to $100k.

The decrease or correction isn't negative at all, well for those who have bought on $50k lines, it is negative for them. But overall, this is still positive.

Yes, I believe your point of view of the general market takes example those that bought bitcoin at the 52k rate on Monday before the sudden drop in price on Tuesday the decision at the moment is negative but if they continue to hold in the long round, the decision will become positive when bitcoin goes beyond 70k to 100k.

That's the goal that many are waiting for.

If you are patient enough to wait for that price then you have to do nothing but wait and hold. And while you're waiting too, if you have some spare money to invest, do not hesitate to accumulate.

This is also another time to accumulate so do that while it's not yet reaching $100k.