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Topic: Is bitcoin steering towards $40k once again? - page 3. (Read 457 times)

full member
Activity: 700
Merit: 182
I think 2021 is the year when bitcoin will be touch atleast $75k. And breaks all time high price ricords. And bitcoin creat a history to the world and shows the world that how power is this. It can replace anything, it is ready to compete anything and it is able to defeat also. I wish that bitcoin cross atleast $50k so that we can shows our countries government with full of confident that we want bitcoin in our country. Make it legalise. And gives us full freedom to work on this technology in our country. And it is our demand. It is a technology not a weapon that criminal use to crime. Criminal use every technology to crime soo did you guys ban every technology?  No, then why bitcoin. Lets hope for the best.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
Today when the value of Bitcoin was surging it almost felt like Bitcoin is going to cross $40k or the previous ATH but again it was short-lived but there was no massive dump which is our last hope that Bitcoin will reach new ATH during this bull cycle. What do you think about Bitcoin's chart for next 4 to 8 weeks? Will it there be further corrections or else it will break the previous ATH? We will strike out the possibility of any stability.

the price failed to break the $35,000, and whenever he tries to break the $35,000 he drops a lot to $31,000. for us to see $40,000 needs to break $ 35,000 and $37,000

Bitcoin is going to cross $40k no problem. There is always bigger resistance or sell pressure
at key price points, $40, $45, $50 etc. This year is a bull market and there will be 10%, 15%
etc. dips on the way to $100k, its normal.

And yes we will hit $100k too this year if we follow the stock to flow chart.

100K Is very high, I wonder what the marketcap should be
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
Today when the value of Bitcoin was surging it almost felt like Bitcoin is going to cross $40k or the previous ATH but again it was short-lived but there was no massive dump which is our last hope that Bitcoin will reach new ATH during this bull cycle.
What is it that there's seems to be the last hope for it to reach the ATH? I just don't think that we need that term "last" as it looks like it is in danger.
In reality, it isn't.
What do you think about Bitcoin's chart for next 4 to 8 weeks? Will it there be further corrections or else it will break the previous ATH? We will strike out the possibility of any stability.
No one can tell what will be the next scene for the next weeks to come. Evaluate that there will be corrections and pumps again.
legendary
Activity: 2436
Merit: 1362
Bitcoin is going to cross $40k no problem. There is always bigger resistance or sell pressure
at key price points, $40, $45, $50 etc. This year is a bull market and there will be 10%, 15%
etc. dips on the way to $100k, its normal.

And yes we will hit $100k too this year if we follow the stock to flow chart.
legendary
Activity: 2310
Merit: 1035
Not your Keys, Not your Bitcoins
I think 2021 will be the year Bitcoin touches the $100k mark. This is my train of thought: if last year ended with a a bunch of institutions queueing to make fillings for the SEC this year shouldn't be any different. We already see MicroStrategy and Grayscale continue to stack up, while new entrants like Marathon Patent Group getting their feet wet recently with a $150M capital injection.

IMO this is really bullish action and most likely we are now just preparing for another major leap towards $100k. Next major level is $50k which acts as a psychological price point as well.
legendary
Activity: 1372
Merit: 2017
Yes. I don't know what it will do next week but I would be very surprised if it doesn't cross the $40k mark in the next 8 weeks at most. Demand is clearly higher than the offer and short-term FUD due to news can't last long, so the price has to tend to go high.
sr. member
Activity: 1638
Merit: 261
Today when the value of Bitcoin was surging it almost felt like Bitcoin is going to cross $40k or the previous ATH but again it was short-lived but there was no massive dump which is our last hope that Bitcoin will reach new ATH during this bull cycle. What do you think about Bitcoin's chart for next 4 to 8 weeks? Will it there be further corrections or else it will break the previous ATH? We will strike out the possibility of any stability.
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