My prediction for BTC reaching 45k before this end is yes, it will hit at least 40k if not 45k.
What are the reasons why BTC price to increase above $40k this year?
In my opinion, the possible highest price of Bitcoin at the end of this year may be around $25k - $30k. But it is also possible to drop $15k - $18k. Whether it will increase or drop, depends on the issues on Bitcoin or crypto in the next 2-3 months (Q4 of 2022). The current price of Bitcoin is around $19k, it has a big gap between $19k and $40k, I am pessimistic it will be achieved in 2-3 months.
No huge reason for bitcoin to pump and to many threats which can cause dumps like crisis still occuring around the world so I must say that provably we can see more dump to come rather than seeing a huge pump(bull run). And I also guess that we will be playing at the figure you given since this is what bitcoin movements at the moment.
That's possible, however in past we've been in the same place and bitcoin broke through every dump and bull run was huge.
I'm positive that bitcoin will be able to do the same again, I'm buying bullish on btc for long run.
Let's make a prediction that whether BTC will hit 45k again.
My prediction for BTC reaching 45k before this end is yes, it will hit at least 40k if not 45k.
If you follow the market, then you can see that we are far from any serious bull run, and that even $25 000 was a serious obstacle that we bounced back from. Small investors are under the increasing impact of inflation, and the big ones are quite cautious and are looking for some much safer investments than Bitcoin.
Expecting a 100% price increase is too optimistic at this moment, and something extremely positive would really have to happen for that to happen. I don't know if Mr. Mars has some plans to buy BTC again and thus bring a little excitement to the market again, or maybe rely on our local
magician from the forum who says that he can push the price exactly in the direction you imagined
Well, yes if you follow the technical indicators then crossing 25K mark is huge. I should have made the title let's gamble the price if bitcoin will cross 45k mark again like before.
I've made at least 40% in an IOTA- BTC trade back in 2017-2018.