Bitcoin is closing on to $50,000 mark

[Dowenship]

It is no longer a surprise that BTC is heading towards bull run. The coin is still improving and gearing towards recovering back to its usual best. Who knows, it might surpass the $64,000 it recorded during the end of April 2021.

At the present the coin is valued at " $46,036 with daily price increase of +2.41% and a weekly increase of +19.25%. The marketcap is at a staggering high compared to weeks ago when it was marred heavily by the bearish run. It went from $600+ billion in the last two weeks to $864.65 billion at present.

The 24 hours trading volume is poised at $37.74 billion ( 819742.47 BTC).

Reaching $50,000 is on the horizon just few thousands dollars away.

Do you think BTC will hold to this improvement and reach at least $70,000 before 2022?

Lol... At least $70,000 where we are predicting 120.... Between July ending and august ending bitcoin as done $20,000 different from its bearish run. $ 70,000 is to small for bitcoin to achieve before the end of this year...

 

[Bookwormlux]

I do hope that Bitcoin even goes higher than $50,000 more than we are doing. I believe this would make so many people recover what the lose.

 

[Sincerem]

Lol... At least $70,000 where we are predicting 120.... Between July ending and august ending bitcoin as done $20,000 different from its bearish run. $ 70,000 is to small for bitcoin to achieve before the end of this year...

Lol, when it comes to digital coins, even a single dollar is hard for them to achieve. But in the case of BTC it is believed that the price will reach a very high level. Let's see what the future holds for BTC.

 

[Nomad]

I think it might be too early to say Bitcoin will close at $50,000 by the end of August. While $50,000 for 1 BTC by the end of August cannot be ruled out, it is also very likely that it may never happen in this month.

 

[jeff87]

It is no longer a surprise that BTC is heading towards bull run. The coin is still improving and gearing towards recovering back to its usual best. Who knows, it might surpass the $64,000 it recorded during the end of April 2021.

At the present the coin is valued at " $46,036 with daily price increase of +2.41% and a weekly increase of +19.25%. The marketcap is at a staggering high compared to weeks ago when it was marred heavily by the bearish run. It went from $600+ billion in the last two weeks to $864.65 billion at present.

The 24 hours trading volume is poised at $37.74 billion ( 819742.47 BTC).

Reaching $50,000 is on the horizon just few thousands dollars away.

Do you think BTC will hold to this improvement and reach at least $70,000 before 2022?

We could not really tell if it will reach $70,000 within this year. If there is somebody who will stand up as a leader that will campaign for the Bitcoin to reach $100,000, I believe it can be done. Elon musk stood up for dogecoin.

 

[Kelly5]

I still very much believe that the Bitcoin will hold its ground and continue the push till 2022. It's prices will still keep increasing as this is what this coin does towards tail end of each year

 

[BrolySSJ]

I still very much believe that the Bitcoin will hold its ground and continue the push till 2022. It's prices will still keep increasing as this is what this coin does towards tail end of each year

The price is likely to continue into next year because there is a lot of companies that are actually having financial plans in order to accommodate an account for cryptocurrency in their Investment Portfolio in the coming year and this will drastically improve the cryptocurrency market.

 

[ahmedo24]

I think resistance of the recovery of bitcoin is kinda stronger between $46000 to $47,000, if it can break $47,000 to reach $50,000 won't be a difficult challenge .

 

[Sincerem]

We could not really tell if it will reach $70,000 within this year. If there is somebody who will stand up as a leader that will campaign for the Bitcoin to reach $100,000, I believe it can be done. Elon musk stood up for dogecoin.

I don't know if BTC will reach $100,000 this year, but I'm optimistic it will reach a very high level in the future. The future is bright for BTC and any other coin.

 

[mcjerry]

Bitcoin is doing well recently but I still don't see bitcoin going back to there all time high this year. This is how it will be for the rest of this year

 

[Bousine123]

Sincerely I don't think anyone can predict for now. Remember it went as high as $50,000 a few weeks ago, but now it's back and rising again. It's simply unpredictable.

 

[harrypaul]

It would have been up above that price mark but the sudden ban in China and the current US SEC lawsuit against some crypto has pull the market downward and it has greatly affected Bitcoin, leaving the price at 41k currently

 

[Elfinito]

Earlier this month Bitcoin was trading at 51k but the sudden ban of all crypto activity by China has left the coin crashing back to 43k

 

[Sotherefore]

Bitcoins may not be 100% predictable sometimes the price of bitcoins can rise and sometimes it can reduce ,all these are the volatile nature's of bitcoins, it is possible for bitcoins to reach $60000 before the end of the month.

 

[tyrim88]

That's a great one. The rise will affect many traders to hold their coins as there are prospects that it will continue to rise to some degree. Probably an opportunity to make their losses from the last dip

One thing i have come to understand about bitcoin is that as the pioneer coin it actually set the pace in the cryptocurency market ,irrespective of the fact about any experience of a dip in its value it has always bounce back to increasing value.

 

[Stnicholaz]

It has been a tremendous back to back increase in value of bitcoin and gradually reaching 60k. I am optimistic it will reach and surpass it previous benchmark.

 

[Allenetisang]

Bitcoin will surely sell above 70k before the end of 2022.
The bulls are pushing the price after the sudden fall in price due to the Chinese ban on crypto currency

 

[Victoritid]

Bitcoin is currently trading above 57k and the bulls hope to push the price to 70k before the end of 2021.
Bitcoin crashed some months ago due to the Chinese ban on crypto activities, but the bull is back

 

[tyrim88]

It is no longer a surprise that BTC is heading towards bull run. The coin is still improving and gearing towards recovering back to its usual best. Who knows, it might surpass the $64,000 it recorded during the end of April 2021.

At the present the coin is valued at " $46,036 with daily price increase of +2.41% and a weekly increase of +19.25%. The marketcap is at a staggering high compared to weeks ago when it was marred heavily by the bearish run. It went from $600+ billion in the last two weeks to $864.65 billion at present.

The 24 hours trading volume is poised at $37.74 billion ( 819742.47 BTC).

Reaching $50,000 is on the horizon just few thousands dollars away.

Do you think BTC will hold to this improvement and reach at least $70,000 before 2022?

Though with the price increase in the value of btcoin,its is very unlikely for it to go up to that value projection going by the trend of the market trading and other factors associated in the trade dynamics.

 

[Sincerem]

Though with the price increase in the value of btcoin,its is very unlikely for it to go up to that value projection going by the trend of the market trading and other factors associated in the trade dynamics.

Recently the price of BTC broke it's barrier and moved past $60,000 into $66,000 all happened within the time interval of seven days.