Topic: Will it Hold? BTC Targets $40,000 (Read 1311 times)
Almost everything now suggests that there will continue to be a consistent rise in the bitcoin price until May 2024 (in which case, a pretty deep correction awaits us in the summer of 2024). January 2024 is likely to see ETF adoption, March is likely to see the Fed rate cut - all of these are bullish signals for bitcoin
now the price of bitcoin is above 40k dollars, I think in 2024 or in 2025 when the halving comes the price of bitcoin will soar even higher, will reach its latest high price. because almost every halving the price of bitcoin always sets a new price record for its ATH.
Usually it's like that; looking at past experience, Bitcoin will always do it, but before the halving era, there will be corrections that could occur, and it's normal for Bitcoin to prepare for an increase until 2025, when a renewable ATH will be formed.Everyone also predicts that the highest ATH will occur if they look at previous ATH experiences.Will it increase 3x from the previous ATH? or only twice; of course, this will be the wait that will be waiting for Bitcoin's upcoming movement.At least with the increase in Bitcoin, crypto will be enthusiastic and make all coins move to follow, and the opportunity will be higher for everyone who wants profits to compete to invest.I think that when it comes to doing things better in the Market , it is Recommended to do the Hodl , because $40k is a price that looks very general, some like to see the price in a round number and they like to see more Analysis than They are based on that , but we all Know that things are very crazy if they think that selling right now at this time they are going to have a great profit, it is not like that , things can be different if they are considered from a practical point of view, yes. The rich sell now, well you follow them, they sell, but if the rich buy now, which is what they are doing, we must make the effort if we have the opportunity to buy too.
I have read something about the markets and they say that we should do what the big guys do, because it is the only way to look good in a Market , not to do the Opposite because they would be lost , There is no other Way , that is what stops my is better to do , that's why I recommend it.
now the price of bitcoin is above 40k dollars, I think in 2024 or in 2025 when the halving comes the price of bitcoin will soar even higher, will reach its latest high price. because almost every halving the price of bitcoin always sets a new price record for its ATH.
Usually it's like that; looking at past experience, Bitcoin will always do it, but before the halving era, there will be corrections that could occur, and it's normal for Bitcoin to prepare for an increase until 2025, when a renewable ATH will be formed.Everyone also predicts that the highest ATH will occur if they look at previous ATH experiences.Will it increase 3x from the previous ATH? or only twice; of course, this will be the wait that will be waiting for Bitcoin's upcoming movement.At least with the increase in Bitcoin, crypto will be enthusiastic and make all coins move to follow, and the opportunity will be higher for everyone who wants profits to compete to invest. now the price of bitcoin is above 40k dollars, I think in 2024 or in 2025 when the halving comes the price of bitcoin will soar even higher, will reach its latest high price. because almost every halving the price of bitcoin always sets a new price record for its ATH.
Currently Bitcoin is starting to move again to be at $44K and this always makes the costs of each transaction soar at any time. Currently, price increases are not a problem as long as transaction costs are more reasonable and become more standard, but if transaction costs also increase because of the price increase. Of course, this will be a barrier for some people who make transactions in small amounts so that this is a barrier for them not to make transactions frequently. 
I don't know if it's advisable for someone to come with the agenda of buying more bitcoin this time around because I know quite well that bitcoin increase as it has reached up forty two thousand now either it will start depreciating in value again, I know quite well that bitcoin price is not something that we can say that the price will remain constant or the price will be fluctuating, it may reach tomorrow the price of bitcoin drops so its nice to understand that bitcoin price have to do without trust
But this shouldn't be the reason why you won't buy Bitcoin, you have to know that the price of Bitcoin isn't stable but the price will rise at the end. The price is falling as some individuals are selling for profits that they have made. During this time that the price is falling, it's a good time to buy Bitcoin and hold it for the bull season. Any individual investing in Bitcoin shouldn't do it and expect a quick profits. Quick profits are always smaller than the profits of holding.
The price of Bitcoin is looking shaking but I think we can hold above $40,000. There are some support levels before $40,000, looking at the charts and using the different trading timeframe you can see the support prices there, they aren't too strong but just before $40,000 we have a strong support. Unless something very negative happens to the market, I don't think we'll fall below $40,000 this month of December.
now the price of bitcoin is above 40k dollars, I think in 2024 or in 2025 when the halving comes the price of bitcoin will soar even higher, will reach its latest high price. because almost every halving the price of bitcoin always sets a new price record for its ATH.
I don't know if it's advisable for someone to come with the agenda of buying more bitcoin this time around because I know quite well that bitcoin increase as it has reached up forty two thousand now either it will start depreciating in value again, I know quite well that bitcoin price is not something that we can say that the price will remain constant or the price will be fluctuating, it may reach tomorrow the price of bitcoin drops so its nice to understand that bitcoin price have to do without trust
If you have financial means and strong belief on btc market, you will continue to buy at your own accord.
Because you can't tell others not to because the price is more than 40k or it is being stagnant at this level.
There will always be buyers particularly those who are eyeing that btc will go up more than 50k in the days to come.
And also, the volatility factor of this market is a very good chance of gaining small profits even at a short period of time.
I think as investors, we should be affected if the price is going sideways at $40k. I mean at the start of the year, or let's go back last year the lowest price we had is $15,500. So this year alone it's a big jump and everyone should be making money at least if you have invested November 2022.
And so far as per the question of the OP, $40k is holding strong, although there is a correction last week and early this week, we have bounce back already. So that is a bullish indication that the price is not going down this month and we can all speculation that the price could be around $45k-$50k at the end of the year. And then ending this year with a big positive note.
I don't know if it's advisable for someone to come with the agenda of buying more bitcoin this time around because I know quite well that bitcoin increase as it has reached up forty two thousand now either it will start depreciating in value again, I know quite well that bitcoin price is not something that we can say that the price will remain constant or the price will be fluctuating, it may reach tomorrow the price of bitcoin drops so its nice to understand that bitcoin price have to do without trust
If you have financial means and strong belief on btc market, you will continue to buy at your own accord.
Because you can't tell others not to because the price is more than 40k or it is being stagnant at this level.
There will always be buyers particularly those who are eyeing that btc will go up more than 50k in the days to come.
And also, the volatility factor of this market is a very good chance of gaining small profits even at a short period of time.
I buy btc whenever I can, no matter what they say, if they say that the price is going to fall cmpro, if the price will go up, I still buy, I don't deny that I like to buy when it is low, but if I buy at a high price, it cannot be ruled out that the price will continue to rise and Let's have some money, that's what it's about, if it goes up this year, fine, but for me it's also very good.
I don't know if it's advisable for someone to come with the agenda of buying more bitcoin this time around because I know quite well that bitcoin increase as it has reached up forty two thousand now either it will start depreciating in value again, I know quite well that bitcoin price is not something that we can say that the price will remain constant or the price will be fluctuating, it may reach tomorrow the price of bitcoin drops so its nice to understand that bitcoin price have to do without trust
It is conditional on the financial system of a person that is he able to take benefit of the agenda of buying Bitcoin at 40k$ or not because I am confident with the reality that Bitcoin is a good asset and will show elevations in price in no time but unfortunately my salary is worthless so I am not able to buy Bitcoin now.
If someone buy Bitcoin at lower price and sell it when Bitcoin get larger then he will improve his invested amount like that of Bitcoin when in previous month it was 26k$ but now it is 42k$ so all buyers of 26k$ will in profit now so if they wants to sell Bitcoin then they can take benefit from it.
All of those who have used the method of DCA should sell some Bitcoin now so they will have small portion of profit and if these small portion are added together then it can make an expanded profit therefore try to take profitable amount of benefit and don't miss each and every opportunity also I will suggest that don't sell whole of Bitcoin by leaving some amount and see the difference between prices and then decided to buy or sell Bitcoin
I don't know if it's advisable for someone to come with the agenda of buying more bitcoin this time around because I know quite well that bitcoin increase as it has reached up forty two thousand now either it will start depreciating in value again, I know quite well that bitcoin price is not something that we can say that the price will remain constant or the price will be fluctuating, it may reach tomorrow the price of bitcoin drops so its nice to understand that bitcoin price have to do without trust
If you have financial means and strong belief on btc market, you will continue to buy at your own accord.
Because you can't tell others not to because the price is more than 40k or it is being stagnant at this level.
There will always be buyers particularly those who are eyeing that btc will go up more than 50k in the days to come.
And also, the volatility factor of this market is a very good chance of gaining small profits even at a short period of time.
It will reach $40,000 for sure and will also follow a quick drop off to $32k which will act as support this time, instead of any resistance, so, in short, yes, Bitcoin is going to hold the Target prices and soon it will be breaking the previous All-Time High, right after Bitcoin Halving in 2024. If you have money available, you should focus on buying Bitcoin and HODLing as these prices will never be available again in the future.
I think the resistance is still there at 20k, and everyone has the right to give their predictions.
but that is the worst possibility, currently bitcoin is solidly above 40k$ so it is not too much to worry about, and there may also be a decline in the near future, but not deep and not too worrying.
When to anticipate a price decline of more than $40k could occur next year before the halving. When the price of bitcoin declines than that, and you, as an investor, fail to take advantage of it, the next time to see that price will be in a bear market, which is very far
I don't know if it's advisable for someone to come with the agenda of buying more bitcoin this time around because I know quite well that bitcoin increase as it has reached up forty two thousand now either it will start depreciating in value again, I know quite well that bitcoin price is not something that we can say that the price will remain constant or the price will be fluctuating, it may reach tomorrow the price of bitcoin drops so its nice to understand that bitcoin price have to do without trust
I think the resistance is still there at 20k, and everyone has the right to give their predictions.
but that is the worst possibility, currently bitcoin is solidly above 40k$ so it is not too much to worry about, and there may also be a decline in the near future, but not deep and not too worrying.
It is possible that a correction could occur, but it will probably start when we enter the end of the year, because usually before entering the halving era, a correction will occur. But how far will the correction be? If, at the end of the year, it can stay at $40K, it could be half corrected before it moves slowly into a period of increase. Indeed, it is only a matter of time before entering the increase, apart from the fact that there is big news that can cause predictions to shift, but it is unlikely to be significant.but that is the worst possibility, currently bitcoin is solidly above 40k$ so it is not too much to worry about, and there may also be a decline in the near future, but not deep and not too worrying.
I think the resistance is still there at 20k, and everyone has the right to give their predictions.
but that is the worst possibility, currently bitcoin is solidly above 40k$ so it is not too much to worry about, and there may also be a decline in the near future, but not deep and not too worrying.
There will be correction at any stage till halving and there will be continues pump and dump in market price as halving is far away four months and in these months some prediction will go wrong while other will show accuracy.
At present time the worth of bitcoin is above 41k$ but there is no confirmation that bitcoin price will go below 40k$ or will go above 45k$ till the end of this month. Now the price is slowly increasing instead of abrupt increase may be due to correction but as crypto is volatile is everything is hidden and we can only guess increase or decrease.
Experts have solid knowledge and according to them price show further gain so if someone wants to take benefit then don't be in hustle to get the reward but it will takes time for correction and further increase therefore stay tuned with market condition and conclude accordingly.
I think the resistance is still there at 20k, and everyone has the right to give their predictions.
but that is the worst possibility, currently bitcoin is solidly above 40k$ so it is not too much to worry about, and there may also be a decline in the near future, but not deep and not too worrying.
It is possible that a correction could occur, but it will probably start when we enter the end of the year, because usually before entering the halving era, a correction will occur. But how far will the correction be? If, at the end of the year, it can stay at $40K, it could be half corrected before it moves slowly into a period of increase. Indeed, it is only a matter of time before entering the increase, apart from the fact that there is big news that can cause predictions to shift, but it is unlikely to be significant. but that is the worst possibility, currently bitcoin is solidly above 40k$ so it is not too much to worry about, and there may also be a decline in the near future, but not deep and not too worrying.
It will reach $40,000 for sure and will also follow a quick drop off to $32k which will act as support this time, instead of any resistance, so, in short, yes, Bitcoin is going to hold the Target prices and soon it will be breaking the previous All-Time High, right after Bitcoin Halving in 2024. If you have money available, you should focus on buying Bitcoin and HODLing as these prices will never be available again in the future.
I think the resistance is still there at 20k, and everyone has the right to give their predictions.
but that is the worst possibility, currently bitcoin is solidly above 40k$ so it is not too much to worry about, and there may also be a decline in the near future, but not deep and not too worrying.
Hold it as you can. This is the bullish season and the price is increasing day by day. As we all know that the halving is near and we all aware with that the price of bitcoin is going to the moon very soon. If it's not any emergency then hold it don't wast your bitcoin if you maintain from other side. We all aware with that the price soon up to $70,000 per btc soon there is possibility to $100,000 soon after halving. So there is no questions to sell after completed target $40,000 because we all know what going to happened.
The price of $40k will be reached today because the market price is already $39,850 only a slight increase to reach the long predicted price in December, we can assume the market is in the bullish condition category and the highest price recovery will occur this month, many high price surprises occurred in the month December and we predict a price of $50k in mid or late December.
After seeing that Bitcoin has surpassed $40K this month and also with the small correction that occurred in Bitcoin's price this month, I don't immediately think that Bitcoin will reach $50K this year although I am still quite confident that Bitcoin can surpass $45 K at the end of this year if there are no bad things that could affect the market at the end of the year. Because so far the improvement in Bitcoin prices has become increasingly visible in the market and there has been no bigger correction in Bitcoin in the past few days.
The price of $40k will be reached today because the market price is already $39,850 only a slight increase to reach the long predicted price in December, we can assume the market is in the bullish condition category and the highest price recovery will occur this month, many high price surprises occurred in the month December and we predict a price of $50k in mid or late December.
After seeing that Bitcoin has surpassed $40K this month and also with the small correction that occurred in Bitcoin's price this month, I don't immediately think that Bitcoin will reach $50K this year although I am still quite confident that Bitcoin can surpass $45 K at the end of this year if there are no bad things that could affect the market at the end of the year. Because so far the improvement in Bitcoin prices has become increasingly visible in the market and there has been no bigger correction in Bitcoin in the past few days.This is a very conservative prediction. $45k is almost at hand, hopefully the price of Bitcoin will surpass it before the 15th of the month to give way for another momentum of hitting $50k at the end of the year. But it looks like someone is pulling Bitcoin price down. This article: https://www.cnbc.com/2023/12/06/jamie-dimon-lashes-out-on-crypto-if-i-was-the-government-id-close-it-down.html simply shows how banks is trying to spread negativity about Bitcoin and its market. Hopefully, people won't get affected by this article and spread FUD.
“I’ve always been deeply opposed to crypto, bitcoin, etc.,” the head of the largest U.S. bank by assets said under questioning from Sen. Elizabeth Warren, D-Mass., during a Senate Banking Committee hearing. “The only true use case for it is criminals, drug traffickers … money laundering, tax avoidance.”
“If I was the government, I’d close it down,” he added.
“If I was the government, I’d close it down,” he added.
The price of $40k will be reached today because the market price is already $39,850 only a slight increase to reach the long predicted price in December, we can assume the market is in the bullish condition category and the highest price recovery will occur this month, many high price surprises occurred in the month December and we predict a price of $50k in mid or late December.
After seeing that Bitcoin has surpassed $40K this month and also with the small correction that occurred in Bitcoin's price this month, I don't immediately think that Bitcoin will reach $50K this year although I am still quite confident that Bitcoin can surpass $45 K at the end of this year if there are no bad things that could affect the market at the end of the year. Because so far the improvement in Bitcoin prices has become increasingly visible in the market and there has been no bigger correction in Bitcoin in the past few days. Jump to: