@xuanling11 18 February 2021 more from that month

Bitcoin Technical Analysis 02-18-21

Bitcoin is amazing. It hits **$52K** first time today and I anticipate it will go around **$55K** soon. If it stables around **$50K ~ $51K**, the next target is stable at **$52K** and hit **$55K**. Although average transaction fee is **$23.50** which is **16.80%** ****increase**** from yesterday, my opinion is ****still yes**** which it will have more and more institutional buyers hype to buy. However, I also think the risk is ****high**** at this level.

****Most Bullish News 📈**** Bitcoin price is unsustainable and Dogecoin transaction fees surpass Litecoin and Bitcoin Cash https://cryptobriefing.com/dogecoin-transaction-fees-surpass-litecoin-and-bitcoin-cash/?__cf_chl_jschl_tk__=7f3e2b3af1d3c0c509ab03229b1a0040e803632c-1613677574-0-AQaEr2QHiZYsBHJmzH4sKPJ0Y_ocELQ_wXiyt8Vx9tISjPRJt0X79komARsi7REEmziVss0ucE_m-abN4s4U9qqpp4ef-16VFfXnmWMjUGdq5KEoFeK0-CQS9qiwhuCqG8TsYdGPldy1MW6DXu0LDrLc6IjesOIyVzfXFqQreOqWiGLzxtzkx6POC5x_yZbXlQQojD24LXjy2otvtk3AyLte5IldTiFXkgKZ-U746j-xpqiSIPWugnLLSDZ0x6nrGLldRZJg9rd3ZiyO-GG7VnKasVm4GQxkaiWPwYh7mL4xKbfP2byT8QqptpjaAEoLzEYmMV80vcYebySvTIv4mqgyKB4OR_dSQgNtcTmTzpXQDvrCqrSqgFEZSm3upHVojw It indicates that Bitcoin may continue raising but becomes unsustainable with its price. ****Most Bearish News 📉**** Bitcoin continue drying out https://cryptobriefing.com/ceo-141-billion-investment-firm-says-bitcoin-might-be-stimulus-asset/ It indicates that Bitcoin may face correction later with exceed supply. ------------------------------------------------------------------

Resources https://www.coindesk.com/price/bitcoin https://cryptobriefing.com/dogecoin-transaction-fees-surpass-litecoin-and-bitcoin-cash/ https://cryptobriefing.com/ceo-141-billion-investment-firm-says-bitcoin-might-be-stimulus-asset/