Bitcoin @ $50k

[buwaytress]

This is just a pullback that soon will recover, this has been the trend and since we are not able to sustain the level of $50k, this is more likely expected to happen. We’re still on a good trend on a good indicators, if time allows we might go for the last quarter on a good price and beside, ghost month is about to end and I expect September will be a great month again for cryptocurrency.

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.

[cryptomaniac_xxx]

This is just a pullback that soon will recover, this has been the trend and since we are not able to sustain the level of $50k, this is more likely expected to happen. We’re still on a good trend on a good indicators, if time allows we might go for the last quarter on a good price and beside, ghost month is about to end and I expect September will be a great month again for cryptocurrency.

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.

[buwaytress]

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?

[SirLancelot]

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.

[bots1]

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?

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.

[kayiboyu]

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.

[Boov]

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?

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.

[Wawa2013]

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?

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.

[rodskee]

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?

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.

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 .

[barbara44]

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.

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.

[SirLancelot]

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.

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.

[buwaytress]

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.

[lixer]

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.

[Mkmanik]

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.

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.

[buwaytress]

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.

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?

[kendedese]

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.

[StreakW]

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?

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.

[jaberwock]

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.

Currently, the bitcoin price is $50000, It breaks the previous resistance and the current resistance is $51,0000. If Bitcoin can break this level, We may easily get $54,000 or more. Bitcoin was trading $44k-$48 for a few weeks and finally, it's broke previous resistance. So it's good for Bitcoin, I hope from here Bitcoin will make a good pump. My target is now $54,000. My long is open from $47000, Hope Bitcoin will be made my week.

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.

[MiF]

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.

[$crypto$]

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.