Will $50,000 be the resistant price?

[Vaskiy]

Bitcoin has entered the bullish trend resistance zone. Based on the upcoming market move will be the price of bitcoin to stay above $50k or once again falls back below $50k. If the resistance breaks out $50500 there is more chance of price to continue forward, else it could once again touch $47000. The reason is the market ending with the descending trend line.

[LUCKMCFLY]

Since this October 3, the price of BTC has taken a great bullish turn above $ 48k, the BTC bears have not been able to do anything because the bullish momentum has been very strong, at the moment the price oscillates at $ 49.9k :

If bulls drive and sustain the price above the overhead resistance, the BTC/USDT pair could pick up momentum and rally to $50,000 and later to $52,920.

Source: https://cointelegraph.com/news/price-analysis-10-4-btc-eth-bnb-ada-sol-xrp-dot-doge-luna-uni

When looking at the price of BTC, apparently $ 50k is like the limit price given the number of offers and sales in the market, the volume is considerable and that the bulls are having control at the moment, I think it should be done much follow-up in the moment that touches $ 50k and react to any important movement.

[Ararbermas]

So far there's no massive correction aftert the price hits $50375.85 previously , And at this point it's back again and attempting to break out, for me in my personal opinion if bitcoin succeed for sure it will stay for long above 50k or will try to reach the recent all time high value which 60k before this year end. Infact market now seems good, probably the bull will take over the market and we will see a new improvement after days or weeks.

[TravelMug]

We've breached $48k, then goes down again as expected, but then we get passed $49k. Hopefully we can surpassed $50k this week and with no negative news around and very bullish sentiments since the beginning of the month, I wouldn't be surprised if we can hit that goal of $55k at least this October.

As long as we are in the $50k level, it's not impossible to break the resistance and who knows, at a very short time, bitcoin will break its ATH as our ATH is only $64k, the price is very close now, we should be optimistic that the pump will continue as we are in the last quarter of the year already.

Although now the pressure on bitcoin is getting harder by America and China, but I personally remain optimistic that by the end of this year the price of bitcoin will again reach its highest price, now the price of bitcoin is at the level of $50 thousand and of course it just needs a little more encouragement in the market. market for bitcoin to be able to break through the next resistance at a price of $52,000-$55,000.

We already got the answer in the last 24 hour, broke the next biggest barring of $50k, and now could be heading this month to $60k. So I don't see any pressure from America or China, not by any government. Bitcoin is too big to fall right now even if there is negative news coming from those two biggest nation in the world.

So very exciting times this last three months, very bullish and probably we are still in the hunt for $80k-$100k. Would be great to see the price hitting 6 digits as predicted at the start of the year.

[lepbagong]

We've breached $48k, then goes down again as expected, but then we get passed $49k. Hopefully we can surpassed $50k this week and with no negative news around and very bullish sentiments since the beginning of the month, I wouldn't be surprised if we can hit that goal of $55k at least this October.

there should have been a slow movement at the beginning of Q4 to reach the crucial $50K figure which has not been able to be passed for long and continues to move away from it, but instead it went down again. Hopefully the momentum past the $50K that is currently happening will be able to survive and continue to increase.

As long as we are in the $50k level, it's not impossible to break the resistance and who knows, at a very short time, bitcoin will break its ATH as our ATH is only $64k, the price is very close now, we should be optimistic that the pump will continue as we are in the last quarter of the year already.

currently what bitcoin really needs is to be able to get out of this crucial figure at $50K, which is always a burden because after passing it there will be another decline.
I hope this time it doesn't happen, although it's slowly being consistent so it doesn't go down. so that what you want and expect to achieve the past ATH can be realized. then keep moving until the end of the year to make the latest surprises.

Although now the pressure on bitcoin is getting harder by America and China, but I personally remain optimistic that by the end of this year the price of bitcoin will again reach its highest price, now the price of bitcoin is at the level of $50 thousand and of course it just needs a little more encouragement in the market. market for bitcoin to be able to break through the next resistance at a price of $52,000-$55,000.

bad news that happened to bitcoin will not dampen that bitcoin will increase. so even though there is pressure from American and Chinese news but there is also good news from others, so there is a balance.
but I actually see that it is indeed the halving effect that will affect the increase that will occur for bitcoin. so by the end of the year there will be a renewable ATH and it seems that bitcoin can no longer be held back to move in that direction.

[Yaunfitda]

Bitcoin price returned above $51,000 for the first time in three weeks, indicating strong demand from short-term buyers. The next level of resistance is seen at $50,000, where some profit taking occurred in early October. We see technical indicators show improving upside momentum on the daily chart, The intermediate-term uptrend is stabilizing, albeit within a range of $48,000 support and $50,000 resistance. However, those who can take this risk can get advantage from the market.

It's too early to say if we are going up above the resistance level of $50k, it seems that after reaching as high as $51k, it went back down again to $50,700. So yes, there is a resistance right now and maybe people are selling at $50k and taking some profits.

So it might goes sideways against for some time, and there's no assurance that we can maintain this $50k. Hopefully though, we can maintain above it for this week. There's some kind of FOMO needed again to push it back up to $52k.

[slaman29]

It's too early to say if we are going up above the resistance level of $50k, it seems that after reaching as high as $51k, it went back down again to $50,700. So yes, there is a resistance right now and maybe people are selling at $50k and taking some profits.

So it might goes sideways against for some time, and there's no assurance that we can maintain this $50k. Hopefully though, we can maintain above it for this week. There's some kind of FOMO needed again to push it back up to $52k.

Well it's not too early now I guess. It's basically already went past 54k which it hasn't in a rather long time (all is relative of course).

This isn't really a solid resistance to only touch and hit back by less than 5%, it's more like expected selling pressure from all those people taking profit from buying in below 45k.

This isn't fomo yet

[btc78]

When bitcoin price was rising, I was thinking it will not rise above $50,000, $50,000 is like the resistant price for now, the price falled back the way I was expecting it to be, but the price of bitcoin has been increasing and decreasing within $47000 and $50000, this makes me to be confused of where the price is going to.

What can you suggest what will be the next bitcoin price, is it going above $50,000 or will draw back. I am having the mind that some people buy bitcoin already, but they have set the take profit at $50,000, this can result to the price of bitcoin not to go more than $50,000. Give me your reasons of your prediction with convincing factors.

since the creation of this thread , Bitcoin break that 50k multiple times yet maintain a fall , but this time it climbed up 55k and if that is the next barricade then maybe this is the last dump and resistance of 60k is the next target.

One thing i can think the possibility that this is the start of another ATH if the 60k price breaks once again.

or may trap if this not happen.

[TravelMug]

Bitcoin price returned above $51,000 for the first time in three weeks, indicating strong demand from short-term buyers. The next level of resistance is seen at $50,000, where some profit taking occurred in early October. We see technical indicators show improving upside momentum on the daily chart, The intermediate-term uptrend is stabilizing, albeit within a range of $48,000 support and $50,000 resistance. However, those who can take this risk can get advantage from the market.

It's too early to say if we are going up above the resistance level of $50k, it seems that after reaching as high as $51k, it went back down again to $50,700. So yes, there is a resistance right now and maybe people are selling at $50k and taking some profits.

We did in the last 24 hours, the price currently zoom in to $55k. It was very quick jump and no one expected this. So I guess we should be talking now about $60k.

So it might goes sideways against for some time, and there's no assurance that we can maintain this $50k. Hopefully though, we can maintain above it for this week. There's some kind of FOMO needed again to push it back up to $52k.

It could be FOMO that pushes it to $55k, but then again, what news should it trigger to FOMO again? Hard to say but one things for sure, the sentiments have turn into a very bullish one starting October and it seems there's no stopping.

[snipie]

It's too early to say if we are going up above the resistance level of $50k, it seems that after reaching as high as $51k, it went back down again to $50,700. So yes, there is a resistance right now and maybe people are selling at $50k and taking some profits.

So it might goes sideways against for some time, and there's no assurance that we can maintain this $50k. Hopefully though, we can maintain above it for this week. There's some kind of FOMO needed again to push it back up to $52k.

We can't talk about resistance in hours or days but seeing the bitcoin price rising and keep fluctuating few $1k above $50k is kind of reassuring.
I am not very confident to set the new resistance level at the $50k barrier but breaking it over and over is something good, hopefully the price could maintain its positive growth and pass the $60k barrier soon again!

[Victorycoin]

The market can be reversed even if it reaches its own destination bitcoin will be worth $ 50,000 resistant beyond that, its price has increased a lot hopefully breaking this resistance for a big bull run we mentioned that the emotional resistance was hindering BTC’s positive gain. The chart indicates a weak bearish trendline and has formed dollar resistance above k 50k it appears that BTC was able to raise a bullish pattern above the USD.

[dezoel]

What people do not understand is that, when "is 50k resistance" asked that doesn't mean that we will not be going over 50k, you can go over 50k but then fail to keep going and go back under 50k and that is still a resistance, not all resistance prices are unbreakable, they are just a little more loose than others so they let it go up and then draw it back again.

I believe 50k is exactly that, we may have gone over 50k but it is a resistance price that takes time to get it back. Maybe it will not be able to get under 50k again which would be great for all of us of course but that doesn't change the fact that it will at least try to do that, it may fail to do it but it will try to do it. It means that 50k is a special price, and I believe it will be the decider on the upcoming bull, if it allows it to stay higher than the bull will come big time.

[lixer]

What people do not understand is that, when "is 50k resistance" asked that doesn't mean that we will not be going over 50k, you can go over 50k but then fail to keep going and go back under 50k and that is still a resistance, not all resistance prices are unbreakable, they are just a little more loose than others so they let it go up and then draw it back again.

I believe 50k is exactly that, we may have gone over 50k but it is a resistance price that takes time to get it back. Maybe it will not be able to get under 50k again which would be great for all of us of course but that doesn't change the fact that it will at least try to do that, it may fail to do it but it will try to do it. It means that 50k is a special price, and I believe it will be the decider on the upcoming bull, if it allows it to stay higher than the bull will come big time.

This is the thing about bitcoin, sometimes it looks like it will never go up and even going up 1k is so hard that it goes back down again, for weeks it stays there and does nothing and looks gloomy. Then suddenly in a week it goes up 30%+ in price, makes everyone crazy about it. I really do not get how we are doing this and how it can be sustained, I may have a heart attack at an early age soon enough. All jokes aside I believe that it was actually a resistance price, however the skyrocketing price was so powerful that it shoot through the resistance and broke it down very easily, not because it wasn't a resistance, but it was a strong increase in price.

[BuNga_cute]

What people do not understand is that, when "is 50k resistance" asked that doesn't mean that we will not be going over 50k, you can go over 50k but then fail to keep going and go back under 50k and that is still a resistance, not all resistance prices are unbreakable, they are just a little more loose than others so they let it go up and then draw it back again.

I believe 50k is exactly that, we may have gone over 50k but it is a resistance price that takes time to get it back. Maybe it will not be able to get under 50k again which would be great for all of us of course but that doesn't change the fact that it will at least try to do that, it may fail to do it but it will try to do it. It means that 50k is a special price, and I believe it will be the decider on the upcoming bull, if it allows it to stay higher than the bull will come big time.

This is the thing about bitcoin, sometimes it looks like it will never go up and even going up 1k is so hard that it goes back down again, for weeks it stays there and does nothing and looks gloomy. Then suddenly in a week it goes up 30%+ in price, makes everyone crazy about it. I really do not get how we are doing this and how it can be sustained, I may have a heart attack at an early age soon enough. All jokes aside I believe that it was actually a resistance price, however the skyrocketing price was so powerful that it shoot through the resistance and broke it down very easily, not because it wasn't a resistance, but it was a strong increase in price.

I was also very surprised at how quickly Bitcoin rose to $55k, whereas previously it was very difficult to get above $50k. But this is Bitcoin,
sometimes Bitcoin often surprises. That's why I always recommend learning Bitcoin first, before finally deciding to invest in Bitcoin.
Because if we don't understand how Bitcoin works, will only make us panic and make wrong decisions. Therefore investing in Bitcoin has
a very high risk, Bitcoin price movements are very volatile and difficult to predict. So having knowledge is very important to be able to
successfully invest in Bitcoin.

[Semar Mesem]

I'm sure we'll get out of $50k soon, the year-end trend always makes bitcoin prices skyrocket up to 2x compared to the previous 3 months, namely the current month, and looking at the trends in the market I'm sure new ATH will happen in October, maybe we will reach $70 k in October.

[STT]

Just has to be a supportive price for now.   We have a possible failure condition on a rising trend where we have been sideways at 56k to 54k and failed to maintain that strong pattern of gains over some days.   This might matter short term, we are round about 2 day average still, but weekly average might be more reliable a guide which is futher down from here.   That makes 52 to 50k a good area to hold for further gains.

[XCANA]

Not really a resistance anyway but I see that Bitcoin is gathering momentum for the next more for like $70k and above. Although some people are of the believe that it is a resistance because Bitcoin is unable to stay above $50k more than a week and that is their main reason why they believe Bitcoin resistance is currently at$50k.

[Weng simok]

The bitcoin price ranged from $52k - $57k this week with a bitcoin price of $56,800 today. Bitcoin is holding on to the $50k mark and there will be another increase, possibly breaking the $60k market price next week.
This forecast becomes the right benchmark in investing before bitcoin rises so far.

[Dave1]

The bitcoin price ranged from $52k - $57k this week with a bitcoin price of $56,800 today. Bitcoin is holding on to the $50k mark and there will be another increase, possibly breaking the $60k market price next week.
This forecast becomes the right benchmark in investing before bitcoin rises so far.

Unfortunately, there is a big resistance on the $58k line. The last price I've seen is like $58,200-$58,300 but it quickly goes down again to $57k. And it's certain that speculators are selling at the $58k price so it might take some time to reach $60k.

I guess still the right time to invest and wait for it to go above $60k. We still have more than a week to accomplished this as I'm looking for the last week again to see some dumping before entering November.

[carlisle1]

The bitcoin price ranged from $52k - $57k this week with a bitcoin price of $56,800 today. Bitcoin is holding on to the $50k mark and there will be another increase, possibly breaking the $60k market price next week.
This forecast becomes the right benchmark in investing before bitcoin rises so far.

Unfortunately, there is a big resistance on the $58k line. The last price I've seen is like $58,200-$58,300 but it quickly goes down again to $57k. And it's certain that speculators are selling at the $58k price so it might take some time to reach $60k.

I guess still the right time to invest and wait for it to go above $60k. We still have more than a week to accomplished this as I'm looking for the last week again to see some dumping before entering November.

if you place your money where your heart is, surely you are now enjoying the market bounce.
Currently, the price is already $60k+, entering now the new barrier if strong hands will continue to hold and allow this

bounce to move forward. This bull may bring more and possibilities that it will give a new time high.
Investors who understand the potential will keep their assets safe and allow any cycle until the end of this year.

Anything is possible within the market. Be wise and not to be greedy not to lose your chance to maximize your profits.