BITCOIN PRICE PREDICTION ( WILL TOUCH $50000 )
* Bitcoin's current price: $43,350
* Weekly gain for holders: 15.25%
* Recent bear market toughness below the 200-week Moving Average
* Optimism: 50-week Moving Average expected to cross above the 200-week in a "golden cross"
soon
* Monthly gain for Bitcoin holders: 23%
* Weekly gain: 15%
* Projections: Targeting $50,000 by the third week of December
* Analysis notes the addition of $30 million in Bitcoin spot bids
Confidence in further price appreciation indicated
* Regardless of a potential dip to $42,000, the analyst believes Bitcoin is on track to reach
$50,000.
* Weekly gain for holders: 15.25%
* Recent bear market toughness below the 200-week Moving Average
* Optimism: 50-week Moving Average expected to cross above the 200-week in a "golden cross"
soon
* Monthly gain for Bitcoin holders: 23%
* Weekly gain: 15%
* Projections: Targeting $50,000 by the third week of December
* Analysis notes the addition of $30 million in Bitcoin spot bids
Confidence in further price appreciation indicated
* Regardless of a potential dip to $42,000, the analyst believes Bitcoin is on track to reach
$50,000.
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