After a short pause, Bitcoin has decided to take a few steps up to reach the new resistance level. What’s the chance for BTC to hit new price levels? Read Bitcoin price predictions from Twitter users to find out what they think about the short-term prospects of this cryptocurrency.
BTC will continue rising
There are many positive forecasts claiming that BTC will reach new heights in the nearest future:
$5,600 is the next threshold to reach:
The bullish shift hasn’t ended yet:
Tendencies remain positive:
Expect new bullish runs:
Time for retracement?
At the same time, many users see that there’s some BTC volume declining, which means it’s very likely to dump a bit:
Another piece of proof:
A lot depends on Bitcoin’s ability to stay above the $5,000 level:
Reaching a new height and dumping is another very likely scenario for BTC:
However, the next height before a correction might be somewhere about $7,000:
Time will show whether BTC will be able to overcome the new resistance. At the moment, it’s not the right time to enter the market. Wait for BTC to dump a bit – it is very likely to happen.