LIVE#Bitcoin Is there anything new to say about this cryptocurrency at this point? Even people who have zero interest in the industry have heard its name.
Various financial experts have been predicting that the Bitcoin bubble will pop “in the near future”. I certainly believe its too early to predict anything. The crypto industry is rapidly changing, and some crypto enthusiasts are starting to show trust in Bitcoin.
My Bitcoin price forecast for the week is that its value will increase by 0.94% and reach $50,604 by February 19, 2024. My analysis of the technical indicators suggests that the current market feeling is Bullish 19%, with a Fear & Greed Index score of 71 (Greed). Over the last 30 days, Bitcoin has had (57%) green days and 4.02% price volatility.
In the past 48 hours, the crypto has increased in its current value and if the current trend continues,the goal of crossing $52k in future is likely possible in 7 days.
