Bitcoin Technical Analysis 02-20-21

Bitcoins opens at $55K and goes up to around $57K and stable around $54K ~ $55K. The average transaction fee is $26.40 which is 10.09% increase from 02-19-21.

If it stables around $54K ~ $55K, the next target is stable at $55K and hit $58K. The question is if Bitcoin will continue raising and be sustainable?

At least, Bill Gates does not think it is sustainable.

Resources

https://news.bitcoin.com/bill-gates-bitcoin-cryptocurrency/