Bitcoin faces strong resistance to reach $50k?

[ultrloa]

Yes there is resistance but I am confident that we will get above the 50k by the end of the year. I thought we would get there at the end of this month but did not think we would see the resistance we are seeing now. If there are no negative stories that impact Bitcoin I think we will see above 50k next month or in November before a Christmas ATH.

We already reach there so there's no doubt that it will touch again to the figures you give in future but we don't know on when this come since we all know market still unpredictable. That's why its important that we should have small amount of BTC hodl so that we will not left behind by those lucky holders earn when bitcoin price soar up. For now we should aim to earn and make our bitcoins multiply while there's an oppotunity to do it.

[RILWAN]

We have achieved 50k bitcoin price before the price of bitcoin corrected down, but am very optimistic that in the next coming days bitcoin will make a recovery back above $50k and above.

[proudhon]

Strong resistance to reach $50k? lol how about impossible resistance.

[Cafex]

It seems that Bitcoin couldn't manage to break the latest resistance level after reaching $48k. And it was a really sharp decrease from there. The price has gone down to $46.5k now.

Maybe this can be a price correction also. We see it sometimes after a good amount of increase. I think that Bitcoin price will start recovering again soon. I'm expecting to see the price at $50k next week.

[coin-investor]

This week started with much anticipation for Bitcoin price analysts such as myself with high hopes that we are going to see a 50k Bitcoin price at the end of the week, we saw how Bitcoin price reached above $46k during this week before correcting down to $44k at the moment and the weekend is almost here.
What are your Bitcoin price predictions are we going to enter the weekend in green and what is your price prediction this weekend.

It's possible that the price can breach the $50k level, we are not yet halfway through the month I'm just happy that we finally reached the $40k level so many speculations that it will not reach that level my prediction is price will reach the $50k level and end the month at $52k level, those who bought at $35 level are in good profit now.

[Jating]

This week started with much anticipation for Bitcoin price analysts such as myself with high hopes that we are going to see a 50k Bitcoin price at the end of the week, we saw how Bitcoin price reached above $46k during this week before correcting down to $44k at the moment and the weekend is almost here.
What are your Bitcoin price predictions are we going to enter the weekend in green and what is your price prediction this weekend.

It's possible that the price can breach the $50k level, we are not yet halfway through the month I'm just happy that we finally reached the $40k level so many speculations that it will not reach that level my prediction is price will reach the $50k level and end the month at $52k level, those who bought at $35 level are in good profit now.

Or even those who bought at the lowest low price at $28k-$29k just last month alone, profit is there if we breach $50k at least. We are almost there, but the usual, support and resistance, the push and the pull before we can finally reach it.

This month is still long though, we have many days to do that, we are now again in the $46k levels, but no worries by the start of next week it will be a fresh trading activity for all of us and who knows, maybe we can see a momentum build again to $47k-$48k and stay at that price range.

[rhodelmabanal]

This week started with much anticipation for Bitcoin price analysts such as myself with high hopes that we are going to see a 50k Bitcoin price at the end of the week, we saw how Bitcoin price reached above $46k during this week before correcting down to $44k at the moment and the weekend is almost here.
What are your Bitcoin price predictions are we going to enter the weekend in green and what is your price prediction this weekend.

We are about to reach 50k$ to 60k$, Bitcoin is now at 47k$ so only 3k$ away from 50k$ and base on the movement of price price and it's volume Bitcoin has now a strong resistance to reach that 60k$ again. For now we need to still fucos on holding because I believe new ATH will be stablish soon.

[ethereumhunter]

We have achieved 50k bitcoin price before the price of bitcoin corrected down, but am very optimistic that in the next coming days bitcoin will make a recovery back above $50k and above.

But we need to wait until the unknown time when the bitcoin price will increase to $50k. In the long term, the price will reach that price and will be more than $50k. The trend is still bullish, but we will see many corrections happen, so we must be ready for that and if you think the price is a good price to buy, you can buy it right away before the price starts increasing.

[slaman29]

Green lights are showing. We may have to fasten our seatbelts because this will going up so fast. 
$50k without Elon Musk! Yey! It's already at $47k and I think it could break the resistance. It broke 45k already so there is no reason it should stop now.
FUD will stay but they should never stop because this happens whenever they take their rest.
The hacking incident might have contributed to this recent hike.

Actually, it's not going as fast as it normally can but I'm really happy for this to be honest:) Slowly does it, bit by bit, a new high every 2 or 3 days after a bounce from the bear attempts so that's great.

FUD should also keep going though, I hate it when it's all 100% good news, really not good or healthy for long term.

[Yaunfitda]

Green lights are showing. We may have to fasten our seatbelts because this will going up so fast. 
$50k without Elon Musk! Yey! It's already at $47k and I think it could break the resistance. It broke 45k already so there is no reason it should stop now.
FUD will stay but they should never stop because this happens whenever they take their rest.
The hacking incident might have contributed to this recent hike.

Actually, it's not going as fast as it normally can but I'm really happy for this to be honest:) Slowly does it, bit by bit, a new high every 2 or 3 days after a bounce from the bear attempts so that's great.

That is the current trend that we are a seeing, it will go down and then bounce back and goes for another high. $50k might be hit soon, maybe at the end of this month.

FUD should also keep going though, I hate it when it's all 100% good news, really not good or healthy for long term.

I guess FUD will keep on going, but bitcoin investors are so tired, and it's easy to spot this FUD from afar. As we mature, we learn not to listen to this FUD and keep on grinding day by day and keep on stacking stats for the eventual bull run before the end of the year.

[BobK71]

As of lately analysts are still mostly bullish on the bitcoin'r price, even at the lofty level compared with those just a few days ago. I deserve  that It’s not exactly soaring but the price of btc very close to 50k if the price of btc reached in 50k or more then ,market will get into the green by all kind of traders as well as investors.

[7788bitcoin]

Yes there is resistance but I am confident that we will get above the 50k by the end of the year. I thought we would get there at the end of this month but did not think we would see the resistance we are seeing now. If there are no negative stories that impact Bitcoin I think we will see above 50k next month or in November before a Christmas ATH.

This is a fair assessment, there was a time when the market was struggling to breach the $40k resistance after reaching the all time high valuation and now we have overcome that resistance and the price is trading well above $46k and we might see an upward move in the coming weeks and personally i do not want to see the big rally now as i am also expecting the rally to get momentum in a couple of months.

[Lanatsa]

Bitcoin has been overbought for almost 3 weeks now. We have not seen any sharp correction after it took off from the $30,000 level.
There's an speculations that Btc might experience a significant drop before it bounces back up to $55,000, maybe around September.
However the correction might not be as sharp as going below $30,000, but maybe around $35,000.

Currently, $50,000 is considered a strong resistance after Btc broke the $46,000 level. Let's see If this rally continues.

Im always expecting for some retracement because it is just too impossible that there would be no correction after some sharp pump but  having that kind of percentage increase  isn't something
remarkable or uncommon into this market.We are indeed facing strong resistance on 50k level but once  we  do break it then it  might  really shoot up or going directly to 60k.
We do really need just some additional bullish sentiments or updates which might really be a good catalyst on pushing up the price but for now the only thing we could
do is to wait up on what would happen on the market.

[Sayeds56]

This week started with much anticipation for Bitcoin price analysts such as myself with high hopes that we are going to see a 50k Bitcoin price at the end of the week, we saw how Bitcoin price reached above $46k during this week before correcting down to $44k at the moment and the weekend is almost here.
What are your Bitcoin price predictions are we going to enter the weekend in green and what is your price prediction this weekend.

You are absolutely right that Bitcoin is facing tough resistance to reach 50K, it has been rejected many times at 48k and today trading even  below 46K. I am not very optimistic now becuase it has made 4 consecutive Red candles on Day chart but still  above 50 weekly Moving average. I think it has to break 48K before it reaches 50K or bears will take the charge and push it down to 44k which is next support. Bitcoin has to stay above 46,500 to preserve current Bullish trend.

[Fundamentals Of]

$48,000 proved to be the harder resistance to break. I thought it was $50,000 that will be the weekend resistance. I was apparently wrong about it. But it is not a huge problem anyway. The support is also rising. It seems $45,500 is beginning to gather strength as a strong support. Sooner or later it will be the battle of breaking $48,000 once more. If it becomes successful, $50,000 will be the next target and $48,000 might probably be turned into a higher support.

[rahmatrf331]

Yes there is resistance but I am confident that we will get above the 50k by the end of the year. I thought we would get there at the end of this month but did not think we would see the resistance we are seeing now. If there are no negative stories that impact Bitcoin I think we will see above 50k next month or in November before a Christmas ATH.

The latest resistance this week was between $45.4k and is now firming back up to $46.4k. this price will break through $48k again in how many days it might break through $50k. after that it fluctuated again at $46k and held between $46.5k and $48.2k. I analyze this condition based on the probability of the previous price.

[traderethereum]

This week started with much anticipation for Bitcoin price analysts such as myself with high hopes that we are going to see a 50k Bitcoin price at the end of the week, we saw how Bitcoin price reached above $46k during this week before correcting down to $44k at the moment and the weekend is almost here.
What are your Bitcoin price predictions are we going to enter the weekend in green and what is your price prediction this weekend.

You are absolutely right that Bitcoin is facing tough resistance to reach 50K, it has been rejected many times at 48k and today trading even  below 46K. I am not very optimistic now becuase it has made 4 consecutive Red candles on Day chart but still  above 50 weekly Moving average. I think it has to break 48K before it reaches 50K or bears will take the charge and push it down to 44k which is next support. Bitcoin has to stay above 46,500 to preserve current Bullish trend.

$48k is the closest target price for bitcoin but with what happened in these few days, it seems, bitcoin price needs more time to increase and back to $47k before the price can still have more chances to go to $48k.
I am still optimistic that sooner or later, the price will be back to $48k and can increase to $50k, no matter how long we should wait to see the price start increases.
But we can not do anything if the bearish trend comes to the market, making our waiting time longer than before.
But we already have many experiences seeing bitcoin price is up and down, so there is nothing to worry about because the price will increase at the right time.

[mumang siat]

This week started with much anticipation for Bitcoin price analysts such as myself with high hopes that we are going to see a 50k Bitcoin price at the end of the week, we saw how Bitcoin price reached above $46k during this week before correcting down to $44k at the moment and the weekend is almost here.
What are your Bitcoin price predictions are we going to enter the weekend in green and what is your price prediction this weekend.

Many analyzes we find for Bitcoin today, but none of these analyzes are based on market scenarios and previous predictions that occur, people speculate against his thoughts in analyzing the current selling price of bitcoin without comparing the previous state of bitcoin.

This will not give birth to a reliable analysis, if there is no comparative study from before regarding bitcoin itself, but almost many analyzes say that bitcoin this year and next tends to be safe and stable, although market conditions continue to experience ups and downs for selling prices and buy it.

[techearn17]

It is very important for bitcoin to break the 48,000 resistance and it is also important that bitcoin builds support so that we can go up to 50,000. If we don't break 48k today or tomorrow, we may soon see the price of bitcoin return to 29k But I hope we are bullish And Bitcoin will soon break 48K And we will see Bitcoin priced up to $ 50,000.

[Devifajarina]

This week started with much anticipation for Bitcoin price analysts such as myself with high hopes that we are going to see a 50k Bitcoin price at the end of the week, we saw how Bitcoin price reached above $46k during this week before correcting down to $44k at the moment and the weekend is almost here.
What are your Bitcoin price predictions are we going to enter the weekend in green and what is your price prediction this weekend.

All the predictions that people make today about bitcoin have a higher degree of truth than the previous predictions, today bitcoin has good potential in the market, even bitcoin is likely to be the best for the following years, although currently there is not a single coin who can be like them.

Bitcoin will enter the green color at the end of this year with the hope that the selling price will be in the highest range from the beginning to the end of this year, if you look at the market conditions that occur, then the opportunity is very large, open and easy for them to achieve, this is proven if you look at the conditions current market.