Topic: Bitcoin price stay above $40000? (Read 1454 times)
The price of $ 40K has lasted almost 6 months and in my opinion this is the longest time when the price can be achieved, but there is a positive thing that we pay attention to that is when the price drops below $ 40k, there will be a large volume of purchase so that prices can return to $ 40k, Hopefully prices can skyrocket again.
If you have studied the Bitcoin market chart recently you will see that Bitcoin has been showing a lot of market sentiment lately and this movement has shown a lot of inconsistency in the price of bitcoin time Bitcoin presents a bear market sentiment and another a bullish momentum. We all saw how Bitcoin made a $2k gain selling at $42k or above that was a bull attempt but it did not stay long before the price pulled back to $39k and gradually climbed to $40k at the moment.
^^ And then just like that, bitcoin is back to $40k and above.
Not sure what causes the sudden spike again, because we wen't down as low as $38k but in less than 24 hours bounce back with a 3.6% increased.
I just think the bears are not going to give up that easily and wanted to defend the strongest line at $40k. So it's good for us to end this month at least above that price.
Not sure what causes the sudden spike again, because we wen't down as low as $38k but in less than 24 hours bounce back with a 3.6% increased.
I just think the bears are not going to give up that easily and wanted to defend the strongest line at $40k. So it's good for us to end this month at least above that price.
This thread should be locked down because OP's prediction isn't going to happen because obviously Bitcoin price did drop below 40k several times after this thread created so this is a failure question .
But asking for the whole 2022 position of bitcoin? then I think 40k will be the basic level till this year ends.
https://coinmarketcap.com/currencies/bitcoin/
38k level ? bad to see ..
But asking for the whole 2022 position of bitcoin? then I think 40k will be the basic level till this year ends.
I think this time bitcoin broke through the important level above $40k, currently bitcoin is being supported by an uptrend. we will see Bitcoin will retest to resistance at $45k. Therefore, if the uptrend support and resistance to the Bitcoin bull flag breakup continues, it will rise again to the price of $48k-$50k.
Uptrend? from almost 42k last night now dropping almost below 40k again?according to technical analysis, the Bitcoin price has indeed broken out and should be above $40000 in the next few days,
so hopefully there will be no bad news in cryptocurrencies, especially about Bitcoin,
currently it is still at $41000 and there is potential for resistance to $42000,
More days passed yet ? now bitcoin stays low and you can check it here.so hopefully there will be no bad news in cryptocurrencies, especially about Bitcoin,
currently it is still at $41000 and there is potential for resistance to $42000,
https://coinmarketcap.com/currencies/bitcoin/
38k level ? bad to see ..
I think this time bitcoin broke through the important level above $40k, currently bitcoin is being supported by an uptrend. we will see Bitcoin will retest to resistance at $45k. Therefore, if the uptrend support and resistance to the Bitcoin bull flag breakup continues, it will rise again to the price of $48k-$50k.
Everyone is expecting bitcoin to get to $50000 again, but I am thinking this is not possible for now, I know the price will increase above $50000 but I think it is not now. But what I am mostly thinking about right now is that will $40000 be a support for bitcoin or will the price still decrease further again making it to touch $30000.
I also hope that this year Bitcoin can break through to $50k or $60k, I have some Bitcoin collections that I bought a few weeks ago, I have no intention of selling unless the price can be as I said.I like reading speculations here for future developments.
everyone wished bitcoin could break the new ATH again and it did. but all this requires a strong push from various aspects so that bitcoin can penetrate the new ATH again. but unfortunately lately bitcoin is getting little support from various investors and bitcoin is still holding above $40k. whether bitcoin will continue like this until the middle of this year or will there be a positive impact so that bitcoin can penetrate the best price this year.
Everyone is expecting bitcoin to get to $50000 again, but I am thinking this is not possible for now, I know the price will increase above $50000 but I think it is not now. But what I am mostly thinking about right now is that will $40000 be a support for bitcoin or will the price still decrease further again making it to touch $30000.
I also hope that this year Bitcoin can break through to $50k or $60k, I have some Bitcoin collections that I bought a few weeks ago, I have no intention of selling unless the price can be as I said.I like reading speculations here for future developments.
according to technical analysis, the Bitcoin price has indeed broken out and should be above $40000 in the next few days,
so hopefully there will be no bad news in cryptocurrencies, especially about Bitcoin,
currently it is still at $41000 and there is potential for resistance to $42000,
so hopefully there will be no bad news in cryptocurrencies, especially about Bitcoin,
currently it is still at $41000 and there is potential for resistance to $42000,
I am been having doubt recently that the price of bitcoin may not stay long above $40000, it is like the market is full of bears than bulls or maybe the bulls have become bears for this time until the next bull phase. Bitcoin increase some days ago above $45000, it decreased back to $41500, then increase again yesterday to $44500. I have predicted that if the price do not touch $45000 and above for now, that it is possible the bears will dominate and which is happening. Since yesterday, the price of bitcoin has slightly been on the decreasing side.
Everyone is expecting bitcoin to get to $50000 again, but I am thinking this is not possible for now, I know the price will increase above $50000 but I think it is not now. But what I am mostly thinking about right now is that will $40000 be a support for bitcoin or will the price still decrease further again making it to touch $30000.
Just this month alone as starter for 2nd quarter . Bitcoin value drops multiple times bringing it bellow 40k though ot recovered eventually but the essence of this post had been bridged as the price did not carry staying on that level.Everyone is expecting bitcoin to get to $50000 again, but I am thinking this is not possible for now, I know the price will increase above $50000 but I think it is not now. But what I am mostly thinking about right now is that will $40000 be a support for bitcoin or will the price still decrease further again making it to touch $30000.
But its thankful that even there are dumping happens it made still going up and to the top indeed.
More happenings to cone but i will remain confident in bitcoin positioning this year.
I hope it will stay above 40k$, but if it goes down theres nothing we can do we need to hold or else we will loss golden rule is never sale at loss holding is the most important in crypto, if you don't have a strong hands to hold then do trading daily to avoid losing holding really needs a big patience.
40k resistance level is considered important during this period, if Bitcoin is not maintained at 40k and falls below 40k perhaps the market will have a strong dump maybe 35k$ before Bitcoin dropped to 30k. Sometimes the market falls, we only hold and wait for the market to rise again, but if it is a wise investor when the falling market will be a great opportunity to own Bitcoin at cheap prices.
That might be the case, but you can't really blame those who are going to sell because of panic and then pushing the sell button and realized that they might have wrong. But they are too emotional to follow the sentiments to dump.
So it's all about the timing of your sell and buying. For sure there is room for regrets, selling early and then the price goes up, that's the nature of crypto for us. We don't know what's going to happen next. The best thing is turning that regrets to experience and not make the same mistakes again.
So it's all about the timing of your sell and buying. For sure there is room for regrets, selling early and then the price goes up, that's the nature of crypto for us. We don't know what's going to happen next. The best thing is turning that regrets to experience and not make the same mistakes again.
Nah, not always. I have been guilty of that actually in the past, used to really time my trades (I have to sell regularly to pay for shit, you know how it goes) and yeah, I won some, and lost some, probably a little bit in the black but for all the time I spent and worrying, I just keep my timing to a week at max, no longer weeks or a month as in the past.
It's applying the same philosophy of DCA. Just spread your risk, you'll always end up on top (and save yourself a lot of time and hassle and worry).
I hope it will stay above 40k$, but if it goes down theres nothing we can do we need to hold or else we will loss golden rule is never sale at loss holding is the most important in crypto, if you don't have a strong hands to hold then do trading daily to avoid losing holding really needs a big patience.
the previously formed support line was $43k but what happens is that the price continues to move downwards and currently the bitcoin price is stable at $40k. and now it looks like $40k has become the new support as the price has been stable for a long time. Seeing this condition I think in the next few days the price will move up again. 
I hope it will stay above 40k$, but if it goes down theres nothing we can do we need to hold or else we will loss golden rule is never sale at loss holding is the most important in crypto, if you don't have a strong hands to hold then do trading daily to avoid losing holding really needs a big patience.
The market is starting to look quite stagnant today and obviously this poses a bit of a mystery where the price will return to, the current high inflation has a significant influence on bitcoin price movements in the market, bitcoin which is currently at $40K price resistance is still a big chance to experience a downward price correction, so I think it's better for us to hold on to the bitcoins we have right now while waiting and seeing where the market will go. 
I hope it will stay above 40k$, but if it goes down theres nothing we can do we need to hold or else we will loss golden rule is never sale at loss holding is the most important in crypto, if you don't have a strong hands to hold then do trading daily to avoid losing holding really needs a big patience.
the previously formed support line was $43k but what happens is that the price continues to move downwards and currently the bitcoin price is stable at $40k. and now it looks like $40k has become the new support as the price has been stable for a long time. Seeing this condition I think in the next few days the price will move up again. 
I hope it will stay above 40k$, but if it goes down theres nothing we can do we need to hold or else we will loss golden rule is never sale at loss holding is the most important in crypto, if you don't have a strong hands to hold then do trading daily to avoid losing holding really needs a big patience.
40k resistance level is considered important during this period, if Bitcoin is not maintained at 40k and falls below 40k perhaps the market will have a strong dump maybe 35k$ before Bitcoin dropped to 30k. Sometimes the market falls, we only hold and wait for the market to rise again, but if it is a wise investor when the falling market will be a great opportunity to own Bitcoin at cheap prices.
Isn't it though that the best way to stack up bitcoin is during a dip? I think those who are taking advantage as pure speculators who just wanted to squeeze profits due to bitcoin's volatility right now. From $48k to $42k, someone might have sold at the top to make money and then reinvest, sold again, rinse and repeat. And I doubt that the whales will do that. I speculate that the whales have bought a lot when the price is around $33k-$35k and then continue to hold at this time.
Them buying at $33K, they wouldn't be afraid to sell at $45K ad wait til it drops back to $37K where the support is. I'm sure whales are still selling this time and squeezing what they could profit from investors who are going to be force to sell at loss. Bad luck for investors that had bought at the top expecting the price to go up because of the good news they saw on social media. I think it will go below $40K again.We shouldn't call that a bad luck because there is still a chance that the price is going to recover and increase more. In this business, there shouldn't be a room for regret but we should accept whatever happens after we decided to sell and buy because this market is very volatile and have lots of surprises.
That might be the case, but you can't really blame those who are going to sell because of panic and then pushing the sell button and realized that they might have wrong. But they are too emotional to follow the sentiments to dump.
So it's all about the timing of your sell and buying. For sure there is room for regrets, selling early and then the price goes up, that's the nature of crypto for us. We don't know what's going to happen next. The best thing is turning that regrets to experience and not make the same mistakes again.
I hope it will stay above 40k$, but if it goes down theres nothing we can do we need to hold or else we will loss golden rule is never sale at loss holding is the most important in crypto, if you don't have a strong hands to hold then do trading daily to avoid losing holding really needs a big patience.
I think so far Bitcoin has been moving in a transition phase from correction to strengthening. I see the current rise in the price of bitcoin indicating that bitcoin is back in a bullish phase. Therefore, the bitcoin price will stay above $40k for a long time and also bitcoin will be able to breakout in the $50K area.
Really hard to determine considering that bitcoin now is playing around 40k resistance.It could really make out some minimal break out and then afterwards it do drop on 37-39k which is something that i had observed.It do really even have the hard time on going past 45k which to those people who had able to buy into those prices are really making some holding position unless if they had realized and made out some cut losses.
Price movement is really unpredictable and very random which it is really that hard yet it could fucked up your technicals from time to time.
It is true that Bitcoin movements are increasingly difficult to predict, I am also surprised that Bitcoin always moves not according to the results of
the analysis I did. But because I already have a good knowledge of the crypto world and also have a strong belief in the future of Bitcoin. I'm not
too worried about Bitcoin's current performance, although there is a possibility that Bitcoin will still drop even lower, I will still be patient holding
the Bitcoin I have. Even if I had extra money, I would buy more Bitcoins right now. So my advice is not to be too quick to make a decision to cut loss
in the current market situation, we should continue to monitor the movement of Bitcoin in the next few weeks. I hope that in the near future there
will be good news regarding Bitcoin, in order to at least make the price of Bitcoin go back above the $45k price.
I think so far Bitcoin has been moving in a transition phase from correction to strengthening. I see the current rise in the price of bitcoin indicating that bitcoin is back in a bullish phase. Therefore, the bitcoin price will stay above $40k for a long time and also bitcoin will be able to breakout in the $50K area.
Really hard to determine considering that bitcoin now is playing around 40k resistance.It could really make out some minimal break out and then afterwards it do drop on 37-39k which is something that i had observed.It do really even have the hard time on going past 45k which to those people who had able to buy into those prices are really making some holding position unless if they had realized and made out some cut losses.
Price movement is really unpredictable and very random which it is really that hard yet it could fucked up your technicals from time to time.
I think so far Bitcoin has been moving in a transition phase from correction to strengthening. I see the current rise in the price of bitcoin indicating that bitcoin is back in a bullish phase. Therefore, the bitcoin price will stay above $40k for a long time and also bitcoin will be able to breakout in the $50K area.
Bitcoin is staying above $40,000 right now despite losing more than 7% in a just 24 hours. This is a hard test for this resistance turned support. This is not a highly tested support by the way. It could easily break. We remember how the price just breezed through $40,000 right after it was broken. Now, it is being tested. I hope it won't break. This is more or less a strong fall now. But I am not expecting the price to fall down all the way to $30,000. That's too far down.
Correct, their is tension around the world and all the markets have been severely affected by it. Currently, the price is still above $40,000 but it is on a very dangerous position. Usually these whole number support doesn't end very well, meaning it can be broken very quick. And the only thing we can do is hope that it will hold for at least 48 hours and then see how it will pan out next week.
I think the main reason is fear of interest rate increase announcement by FED as inflation number are going to be extra ordinary high, as reported in media. This news is affecting negatively on Stocks and Bitcoin markets but at the same time Crude are price is also sliding now and it is trading below $100 which will definately lower inflation world wide in coming weeks and months. The other reason is 30% tax on crypto goes into effect.
Yeah, I also believed that this is one of the reasons for the recent decline in price. So it sent panic shockwave to institutional investors and retail as well. And then we still have the war at the sideline.
Good thing though is that the market seems to rebound again today, short rally to push the price above $40k again.
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