what another big increased for us, I'm seeing that $37,000 will be broken within the week as the investors right now is pouring their money on the market. Bad side though is that the fees are somewhat very high. And as I have said previously, someone looks like is doing it deliberately, to sabotage the network when we are about to break another important barrier which is $40,000.
So payment is needed from all of us and hopefully the network will be back to normal. But going back to the price, short term or at least at the end of the year, it's better to see and focus on the $40,000-$50,000. We don't know to have a big surge although we can't really stop it from happening if the ecosystem goes to $60,000. But we want a a price that we can maintain before the pre-halving and that could be around $40,000-$50,000.
Technically speaking 37k has been broken, we have seen it go above that, and that's a great thing, I certainly enjoy it a lot. I believe that we need to end up with something that has to be very important with time, and right now we are getting closer to 40k, that's the most important part of the deal if you ask me. I understand that it is not all that easy to handle all of this, there are a lot of people who are not entirely sure about the situation, but I believe that we need to keep it going.
If we can hold for a while longer, then I am sure that the price will do a lot better, and considering how dangerous point we are in right now, it is clear that we are going to end up with something that has to be very big deal, can't be undone, just give it enough time. If we are so excited about 37k right now, think how much better it will be for the whole market when we finally see the 40k price broken and then 50k and then 60k, it will make the market go crazy.
Even the last week increase shows that we have done well enough, I get that not everyone is looking at that, but that is definitely a great approach and a great situation to be in without a doubt. I get that some people are looking at the last 24 hours a lot more, or even look at more than a week, but if you look at week by week, bitcoin has been great.
It always has 5%+ increases per week and that's an important deal. I think we should be noting down the fact that if we invest, we might be in profit a week later, having that is a big benefit. I am not saying every week would be like that, some weeks are like that and some are not, we need to just arrange that it is going to be quite good in the end one way or another. We should be considering the situation to be a little bit better on the long run, and for that to happen we need to arrange something that would be short term investment while also long term outlook at the same time, that's very important.