Bitcoin @ $50k

[buwaytress]

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.

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.

[Oasisman]

Bitcoin will inevitably end this week with a market price of $50k.

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 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.

[michellee]

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.

[jrrsparkles]

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!

[molsewid]

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.

[jrrsparkles]

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.

[anggoro manise]

What is your analysis of this prediction?

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...

[UnDerDoG81]

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.

[newwest]

What is your analysis of this prediction?

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...

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.

[BITCOIN4X]

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.

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

[buwaytress]

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.

[rhodelmabanal]

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?

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.

[Johnyz]

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.

[Hippocrypto]

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.

[OgNasty]

$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.

[Rasa nanas]

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.

[jakdanyel]

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.

[The Wasp]

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.

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.

[kotajikikox]

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?

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.

[Spack17]

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.