Topic: Will it Hold? BTC Targets $40,000 - page 4. (Read 1311 times)
It could go up and down, there is nothing more normal than something like that at all, it is literally the way how it works. I understand that some people fear it when it goes down, but we can't possibly have a scenario where the price only goes up, that just doesn't happen, its impossible. I understand that some people may want to see this current period as a just bull run that goes up super high, but even during 2021 bull run, price had some roadblocks. Just accept the future, and hold, long term holder should not be worrying about these movements and short term trader should be happy about it, so this is a period that works out well for everyone all at the same time.
The market only needs another 10% increase to reach $40k, realistic predictions can reach until the end of the year and I am optimistic that the market will close at $40k+ in December, if the predictions do not match expectations then we have a positive opportunity after the halving period for positive support increasing crypto market prices. I think the lowest price to correction high does not fall below $30k again but as the bullish period comes then we will soon see a recovery high to reach again the previous ATH and our hope is to make a new ATH record in the next 1 or 2 years.
Another 10% increase for Bitcoin is something that might not be so difficult to happen by the end of this year, as everyone has also seen how Bitcoin has risen this month even though it has not yet crossed $38K. But the target of $40K itself is quite a logical thing for everyone to hope for because actually that number is a very close number to hope for so it is more possible for everyone this year, although I don't think that Bitcoin will immediately pass that number in the month next December. I also believe that $40k could be hit before the end of the year, but if that fails then of course we can expect it towards the halving or after. The current priority is accumulation as opportunities to buy low will no longer be found once bitcoin surpasses its all-time high price in the next bull run. Unfortunately bitcoin still failed to break $38k, if it had succeeded yesterday then $40k could very well have been hit.
The market only needs another 10% increase to reach $40k, realistic predictions can reach until the end of the year and I am optimistic that the market will close at $40k+ in December, if the predictions do not match expectations then we have a positive opportunity after the halving period for positive support increasing crypto market prices. I think the lowest price to correction high does not fall below $30k again but as the bullish period comes then we will soon see a recovery high to reach again the previous ATH and our hope is to make a new ATH record in the next 1 or 2 years. 
Considering how Bitcoin recover from 15K to 38K, many people will really assume that Bullrun already started since that is x2 growth already which is enough to consider a bull run due to the volume involved to back up this rally. This ain’t a correction from the last bull run because a cycle end when the price dip more than 50% from the ATH.
It’s safe to assume that we are really on bull run since everyone is already buying and most of the coin’s already grow atleast x2 from the previous bottom.
More profitable who invested in bitcoin during bullish moment when bitcoin dropping under $15k and right now have raise more than x2 after bitcoin highest price around $38k. more than 50% bitcoin raise up is more than bull run regarding for investor brave purchase to buy bitcoin around price under $15k. But I don't think the bull run moment have been over although bitcoin since last several months drop to $15k not has chance to make another highest price after failure break to $38k depend one half month left in this year not difficult break to $40k. It’s safe to assume that we are really on bull run since everyone is already buying and most of the coin’s already grow atleast x2 from the previous bottom.
Don't afraid for investors who already invested in bitcoin when have lower price to get another bull run momentum at the end this year and get grow more than at least x2 and I sure they will earn more x3 profitable depend how to be diamond hand when holding bitcoin.
Seeing how much Non-Farm Payroll(NFP) is affecting the crypto markets shows that the spot ETF could actually have a much bigger positive effect on the crypto markets considering its directly related to it...
And looking at how much momentum is currently in the markets, surely 40,000 dollars is just so near and we surely will be crossing over probably before the year ends and the bears can do nothing about it for now as they are watching from the sidelines for now. So anybody looking for a low this might be out low as a new ATH is on the cards.
And looking at how much momentum is currently in the markets, surely 40,000 dollars is just so near and we surely will be crossing over probably before the year ends and the bears can do nothing about it for now as they are watching from the sidelines for now. So anybody looking for a low this might be out low as a new ATH is on the cards.
Anyone who sold all their bitcoins tempted by today's profits will probably regret their actions if they don't reinvest on the dip. Price volatility allows them to accumulate with this approach, but of course there is a risk of being left behind because we cannot fully predict what will happen next.
I also believe that $40k could be hit before the end of the year, but if that fails then of course we can expect it towards the halving or after. The current priority is accumulation as opportunities to buy low will no longer be found once bitcoin surpasses its all-time high price in the next bull run. Unfortunately bitcoin still failed to break $38k, if it had succeeded yesterday then $40k could very well have been hit.
I don't understand, but there is nothing special about the price of $40k. It is true that for humans, $39k and $40k are different, but from a graphical perspective, both prices are the same.
Will Bitcoin reach 42k? Yes, that will happen, but will the price be able to continue to stay at that level? I very much doubt that. We will be in the 30k-40k range for a while.
Will Bitcoin reach 42k? Yes, that will happen, but will the price be able to continue to stay at that level? I very much doubt that. We will be in the 30k-40k range for a while.
The price will continue to rise because April is still away and during April price will reach to the maximum value which will never be attained by any coin. 39k$ and 40k$ are not much different so we have to wait for more than 45k$ because at that price real Bull run will initiate. Bitcoin can persists with the value between 30k$ and 40k$ but during halving if price rise then that price will not persists for longer time as everyone will be in hurry to sell their bitcoin which will effect the price or bitcoin badly.
As we have seen from past month so the price of bitcoin is continuously growing instead of coming back to lower price of 30k$ so it will rise even more in coming months. Although there is no guarantee that price will surely grows or reduces because crypto future is unseen but as halving is coming so it is just an assumption about the growing value of crypto market.
The price of bitcoin will definitely cross 40k, because the price of bitcoin is increasing at a very fast pace. Bitcoin is only 3k away from 40k which is not unusual, it will be soon. Because the Bitcoin bull market has started. If you have money to invest now, don't delay, invest now. Because its value doesn't seem to drop that much again. An investment you make now, You will get very much more back later.
How the fish you know that Bull season is started? It’s just a price correction according to me. During bull season, along with Bitcoins, all the coins go up. So this is just a price adjustment due to the demand made to accumulate the coin. But this doesn’t mean that you won’t buy the coins. If you want to really make profit,then buy the coin in this price segment also. New year will be big for the coins. So just start accumulating the coins and hold it.Maybe you think that when bullishness comes then all altcoins will rise simultaneously? I don't think about altcoins at this time the most important thing is to see the current bitcoin movement there is no sign where bitcoin will continue to rise and this is a natural correction every time the increase is certain there will be another correction.
Then call it bitcoin, because the coin varies for us to choose, here talking about bitcoin.
Seeing how much Non-Farm Payroll(NFP) is affecting the crypto markets shows that the spot ETF could actually have a much bigger positive effect on the crypto markets considering its directly related to it...
And looking at how much momentum is currently in the markets, surely 40,000 dollars is just so near and we surely will be crossing over probably before the year ends and the bears can do nothing about it for now as they are watching from the sidelines for now. So anybody looking for a low this might be out low as a new ATH is on the cards.
And looking at how much momentum is currently in the markets, surely 40,000 dollars is just so near and we surely will be crossing over probably before the year ends and the bears can do nothing about it for now as they are watching from the sidelines for now. So anybody looking for a low this might be out low as a new ATH is on the cards.
The price of bitcoin will definitely cross 40k, because the price of bitcoin is increasing at a very fast pace. Bitcoin is only 3k away from 40k which is not unusual, it will be soon. Because the Bitcoin bull market has started. If you have money to invest now, don't delay, invest now. Because its value doesn't seem to drop that much again. An investment you make now, You will get very much more back later.
How the fish you know that Bull season is started? It’s just a price correction according to me. During bull season, along with Bitcoins, all the coins go up. So this is just a price adjustment due to the demand made to accumulate the coin. But this doesn’t mean that you won’t buy the coins. If you want to really make profit,then buy the coin in this price segment also. New year will be big for the coins. So just start accumulating the coins and hold it.
Considering how Bitcoin recover from 15K to 38K, many people will really assume that Bullrun already started since that is x2 growth already which is enough to consider a bull run due to the volume involved to back up this rally. This ain’t a correction from the last bull run because a cycle end when the price dip more than 50% from the ATH.
It’s safe to assume that we are really on bull run since everyone is already buying and most of the coin’s already grow atleast x2 from the previous bottom.
There could be a small amount of fall, it is still holding above 35k and that should be an important key factor here. I understand that not everyone may think about it the same way and I understand that because it has gone down just a little bit, some people will fear that it will go down a lot. However, that doesn't mean that we are not going to end up with anything that would be sensitive, it is true that we are going to end up with a situation that has to be realistically speaking higher in the near term, why? Because historically every single time we go through this type of thing, it is clear that we have gone higher after halving. So I am guessing, there could be some drops here and there, but the overall price will go higher for sure.
For me, I'm looking at two scenarios, either we will first hit $40k before the correction or the correction phase is what we are currently in after we kissed $38k current high, where we will have maybe $35k to hold as support because I'm expecting the market to move down a bit to grab some liquidity if it aims to further continue this move to the upside before we get a major correction and after which we will go to $40k, And in the next move, $40k will no longer be the only target, it will move way above the price in its next move after this gathering of momentum. Even if the support is not at 35k, I think the recovery will occur in a short time if the price drops further. In fact, the general expectation right now is that there will be a correction, but no one knows how much the price will fall in this correction. After the recent rise, the price remains at a good level. I wonder how long this situation will last.
Since we know what will happen at halving times, even if the price falls, its recovery will be rapid and it will rise again. We are approaching days that will make Bitcoin investors who have been waiting for a long time happy.
The price of bitcoin will definitely cross 40k, because the price of bitcoin is increasing at a very fast pace. Bitcoin is only 3k away from 40k which is not unusual, it will be soon. Because the Bitcoin bull market has started. If you have money to invest now, don't delay, invest now. Because its value doesn't seem to drop that much again. An investment you make now, You will get very much more back later.
How the fish you know that Bull season is started? It’s just a price correction according to me. During bull season, along with Bitcoins, all the coins go up. So this is just a price adjustment due to the demand made to accumulate the coin. But this doesn’t mean that you won’t buy the coins. If you want to really make profit,then buy the coin in this price segment also. New year will be big for the coins. So just start accumulating the coins and hold it.
While the halving may be seen as the most powerful catalyst for us to move towards a bull season, I don't think that just because the halving is approaching makes bitcoin price inevitably increase. Furthermore, if you pay attention, the bull season will only come a few months or a year after the halving takes place, so I am never optimistic that as the halving approaches, bitcoin will only increase and increase.
What's happening in the market is that people are very bullish on ETFs but if the SEC once again delays approval then there won't just be a correction but a sharp correction, IMO.
It is still uncertain whether the bull season will come a few months or a year after the halving, it could be sooner or it could be longer. All predictions or past history cannot be used as a benchmark that the same moment will occur in the future. There will be changes according to trends that will occur later. But I remain optimistic that the Halving will have a good impact on the bitcoin market and coupled with the ETF which will have an extraordinary impact when it is approved.What's happening in the market is that people are very bullish on ETFs but if the SEC once again delays approval then there won't just be a correction but a sharp correction, IMO.
Of course, we cannot say that the past will definitely repeat itself, but if there is no past, how can there be a future? Furthermore, it has been repeated 3 times in the past so I will still rely on the past and still believe that it will repeat until bitcoin creates a new history.
Furthermore, when people doubt that things will change and that it won't happen again, it's more likely to happen again. Sometimes things are easy to predict but we like to make things more complicated. We make too many assumptions and doubt everything, while we ourselves also have no evidence that it will happen.
The price of bitcoin will definitely cross 40k, because the price of bitcoin is increasing at a very fast pace. Bitcoin is only 3k away from 40k which is not unusual, it will be soon. Because the Bitcoin bull market has started. If you have money to invest now, don't delay, invest now. Because its value doesn't seem to drop that much again. An investment you make now, You will get very much more back later.
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.
Yes that's true because there is every possibility of the price reaching $40k soon but we may not know the exact time it will be but it will eventually happened and when it does the next target will likely be to break the all time high because there is every chance that with the speed at which the Bitcoin price drop this year there is also likelihood that the increase or rise of Bitcoin will also be the same because considering the movement it has been making this period is more than enough to show that when the price is ready to move it will be very massive. 
Good bounce back today, finding a way to hold prior resistance as support is a strong sign. Even better that line we held is a Fibonnaci line with wider implications which suggest further gains could be possible if we should hold that support till the end of the week for the weekly bar to finish.
What was the reason of the bounce? I thought that we're going to have some corrections and it may take time until the weekend. But it seems that it has recovered so fast and stands again to $37k. With this, the support seems to be straightforward and stable at $35k and hopefully it won't fall lower than that.
I also think that Bitcoin current target is to break the $40k barrier but the news now is talking about the prediction of a prominent analyst that says Bitcoin is on track to hit $50k by March after the halving [1] which is highly possible due to the hype of the ETF approval.
BTC + ETF approval, I guess that anything related to crypto ETF seems to be viably helping the market move positively. 
For me, I'm looking at two scenarios, either we will first hit $40k before the correction or the correction phase is what we are currently in after we kissed $38k current high, where we will have maybe $35k to hold as support because I'm expecting the market to move down a bit to grab some liquidity if it aims to further continue this move to the upside before we get a major correction and after which we will go to $40k, And in the next move, $40k will no longer be the only target, it will move way above the price in its next move after this gathering of momentum.
Bitcoin has a way of always retesting support before further breaking resistance and this is not common with bit coin alone but in this context Bitcoin is the focus so, my taught is that since it has gotten to $38k before, it's definitely going to use that as a resistance which means it's going to correct back to $35k or $34k then further move to break the $38k resistance and creat a new resistance ant $40k now use $38k as it's new support, all this are possible before the bull run because currently there's much noise in the market due to actions of speculators trying to get on early before the bull run so this noise is going to impact the market causing a false bull which is definitely not going to hold then a retracement and correction will take place awaiting the main bull run. 
I also think that Bitcoin current target is to break the $40k barrier but the news now is talking about the prediction of a prominent analyst that says Bitcoin is on track to hit $50k by March after the halving [1] which is highly possible due to the hype of the ETF approval.
But for now, with the recent swing of the Bitcoin price, I think, if there is no ill intention behind the current rally, we might see Bitcoin visit $40k before the end of this year or probably way above this $40k barrier.
[1] https://www.fxstreet.com/cryptocurrencies/news/bitcoin-price-eyes-50-000-says-analyst-btc-spot-etf-deadline-looms-202311140600
But for now, with the recent swing of the Bitcoin price, I think, if there is no ill intention behind the current rally, we might see Bitcoin visit $40k before the end of this year or probably way above this $40k barrier.
[1] https://www.fxstreet.com/cryptocurrencies/news/bitcoin-price-eyes-50-000-says-analyst-btc-spot-etf-deadline-looms-202311140600
Good bounce back today, finding a way to hold prior resistance as support is a strong sign. Even better that line we held is a Fibonnaci line with wider implications which suggest further gains could be possible if we should hold that support till the end of the week for the weekly bar to finish.
I'm confident that we'll break above 40k this year, but short term action is anybody's game. It could go down again and then up, or simply get to 40 in one move by the end of this week. Nobody knows that.
What I know is it will happen eventually because the price action looks very strong and bullish.
That said, watch out for manipulation because analytics firms say we have the least coins on exchanges ever which means liquidity is at all time lows. We could expect small amounts of money to create giant waves on charts, so be safe, don't get liquidated and don't panic. It's only a matter of time before we get to ATH.
What I know is it will happen eventually because the price action looks very strong and bullish.
That said, watch out for manipulation because analytics firms say we have the least coins on exchanges ever which means liquidity is at all time lows. We could expect small amounts of money to create giant waves on charts, so be safe, don't get liquidated and don't panic. It's only a matter of time before we get to ATH.
The current movement is somewhat showing positivity but we must be careful with this, at least we prepared in case the drops/correction will show again. Because most of the time, correction comes next after the pump and we are not at $38k which is very close to $40k but can't be sure that it reach that amount before dumps strike. So for now, we really don't have any assurance for that position but yes, why not give some faith and hold? We are already aware of the said market volatility and I think we are ready enough to accept whatever happens.
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