Is Bitcoin Bullish At The Moment

[Wawa2013]

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If you see that Bitcoin is currently at $49k, it looks like Bitcoin will soon break through the $50k price. I am very optimistic that Bitcoin can break
through the $50k price in the near future, but to bounce to the $64 price is indeed more difficult. But that doesn't mean it can't be achieved, if this
positive trend can continue and good news emerges about Bitcoin. Breaking the price of $64 can happen, we just need to be patient waiting for it
to happen. I agree if Bitcoin manages to rise above $64k, it is a green sky for Bitcoin and Bitcoin's rise will be difficult to stop, it is very likely that
it could continue to rise to the price of $100k.

I'd like to imagine that we are getting started to create the momentum going for another ATH in the 2nd time around this year. Because as we can see, never have the chance to roll back below $20k which we are expecting to see after the Bullrun but instead, we are seeing it coming back high again and we are close enough to reach $50k. This could be enough to say that we are still in the bullish season and this probably it continue till the end of this year or even next year.

This is a very good momentum for Bitcoin, finally Bitcoin managed to rise past the price of $50k according to many people's predictions. Even though
it turns out that Bitcoin is now back down to $49k, that's not a problem we need to worry about, because the decline in the price of Bitcoin will not
last long. Bitcoin price will rise even higher this week, hopefully Bitcoin can get back above the $60k price soon. I believe the bullish trend will last
until the end of the year, and Bitcoin could hit another ATH. If this comes true, this will further attract large companies to invest in Bitcoin.

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[LUCKMCFLY]

Now looking at the BTC panorama, it is seen that there is a bullish style wedge, if we take into account that it can reach $ 50k easy, we could say that the price that everyone wants to see is above $ 50k, the technical analysis shows it following:

if buyers drive the price above the wedge, the bullish momentum could pick up and the pair may rally to the $58,000 to $60,000 resistance zone. The upsloping moving averages and the relative strength index (RSI) in the overbought zone indicate that bulls are in control

Source: https://cointelegraph.com/news/price-analysis-8-23-btc-eth-ada-bnb-xrp-doge-dot-sol-uni-bch

I think that BTC can have a great surge if everything goes well, I think we could think about seeing the price at $ 55k, in this case I am very optimistic.

[sana54210]

This is a very good momentum for Bitcoin, finally Bitcoin managed to rise past the price of $50k according to many people's predictions. Even though it turns out that Bitcoin is now back down to $49k, that's not a problem we need to worry about, because the decline in the price of Bitcoin will not last long. Bitcoin price will rise even higher this week, hopefully Bitcoin can get back above the $60k price soon. I believe the bullish trend will last until the end of the year, and Bitcoin could hit another ATH. If this comes true, this will further attract large companies to invest in Bitcoin.

Even during bull runs there are times when it goes down, we moved from 30k to all the way to 48k and then dropped to 44k and everyone started talk about how that pump was a temporary one and we will now go down, from 44k to all the way down to under 30k as well! And we have seen how that was wrong. Bull runs are common in the bitcoin world but even in those bull runs we end up seeing a lot of increases and I feel like 44k turned into 50k so that means 50k could turn into 55k+ as well, that is not really impossible and I believe that it will definitely happen in the short term as well, all we need to do is stay patient and not sell during this period even if it drops a bit more, and we will be in profit soon.

[Wawa2013]

This is a very good momentum for Bitcoin, finally Bitcoin managed to rise past the price of $50k according to many people's predictions. Even though it turns out that Bitcoin is now back down to $49k, that's not a problem we need to worry about, because the decline in the price of Bitcoin will not last long. Bitcoin price will rise even higher this week, hopefully Bitcoin can get back above the $60k price soon. I believe the bullish trend will last until the end of the year, and Bitcoin could hit another ATH. If this comes true, this will further attract large companies to invest in Bitcoin.

Even during bull runs there are times when it goes down, we moved from 30k to all the way to 48k and then dropped to 44k and everyone started talk about how that pump was a temporary one and we will now go down, from 44k to all the way down to under 30k as well! And we have seen how that was wrong. Bull runs are common in the bitcoin world but even in those bull runs we end up seeing a lot of increases and I feel like 44k turned into 50k so that means 50k could turn into 55k+ as well, that is not really impossible and I believe that it will definitely happen in the short term as well, all we need to do is stay patient and not sell during this period even if it drops a bit more, and we will be in profit soon.

Bitcoin again experienced a correction to the price of $ 47k, hopefully this doesn't make some investors panic sell. We have to believe the price of
Bitcoin will soon return to the price of $50k,  because the Bitcoin price decline that is happening now is still a natural thing to happen. There is not
much we can do in the current situation, we can only be patient and hope the price will recover soon. As long as we don't sell the Bitcoins
we have, everything will be fine, we haven't lost.

[LUCKMCFLY]

In BTC it has been moving widely, yesterday there was a bearish attack, in fact it fell to $ 47k, although many highs also lowered the price, the BTC bulls have made buying movements on the dip, which is a good strategy , here it is manifested with technical analysis as follows:

At the moment, pressure from the bears has eased, so one can count on the continuation of the recovery dynamics and a return to the psychological level of $50,000.

Source: https://u.today/btc-eth-and-ada-price-analysis-for-august-25

For many the psychological price ranges between $ 50- $ 55k, it is something that can occur depending on the scenario is that it can scale up to this price level, everything is that there is not so much offer, if there is not much offer it may continue its bullish way, by now its better to be in hodl mode.

[DU18]

In BTC it has been moving widely, yesterday there was a bearish attack, in fact it fell to $ 47k, although many highs also lowered the price, the BTC bulls have made buying movements on the dip, which is a good strategy , here it is manifested with technical analysis as follows:

At the moment, pressure from the bears has eased, so one can count on the continuation of the recovery dynamics and a return to the psychological level of $50,000.

Source: https://u.today/btc-eth-and-ada-price-analysis-for-august-25

For many the psychological price ranges between $ 50- $ 55k, it is something that can occur depending on the scenario is that it can scale up to this price level, everything is that there is not so much offer, if there is not much offer it may continue its bullish way, by now its better to be in hodl mode.

I think it looks like the price of bitcoin is now moving away from the $50k price level, and to be honest I don't know why this happened, because previously the bitcoin price had strengthened to the $50k price level after the adoption of crypto payments made by paypal for users in the UK , but it looks like the bitcoin price strengthened temporarily and now the bitcoin price has decreased slightly to a price of $46k in the market, do you think this is the impact of the profit-taking from  big traders when yesterday high price and affected the bitcoin price decline today?