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Topic: Will it Hold? BTC Targets $40,000 - page 5. (Read 1317 times)

hero member
Activity: 1022
Merit: 600
November 15, 2023, 01:57:53 PM
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.
hero member
Activity: 2226
Merit: 610
November 15, 2023, 01:01:18 PM
If you count from the current price it is seen that we have a chance to increase more than $ 40k, because that number is not difficult to reach by Bitcoin in the next two weeks if the trend continues, but today's market is waiting for conformation and making Support trend at a price of $ 36K- $ 37k, if we can survive at a price of $ 35k when consolidated prices, then it is likely to be more than 40k at the end of $ 40K at the end of the year with a significant probability.

But I honestly doubt whether Bitcoin will return to $ 35K or not, the market seems to have ambitions to continue to exceed the $ 40K limit.
For now the increase continues, although sometimes accompanied by small corrections, but in the last few weeks the trend has continued to move in a quite positive direction so in my opinion reaching 40k in the near future is very possible.

Market conditions are quite difficult to predict, and what is happening now is indeed surprising, but from here we can also see the strong support and positive news about Bitcoin in the future, which makes investor interest even higher so that high demand makes the price even higher. increases, I am very optimistic to see 40k price before the year is out.
Yes, it is interesting if you think about the dogecoin community that is so large, and I myself admit that it is not only because of elonmusk alone if traced properly, but the catalyst from elon musk may be triggered by the dogecoin community which indicates that they are in a positive flow in price movements.
It is fun to bet on things that can make someone crazy at a certain time, because there are no definite fundamentals about dogecoin as a technological advancement in the world of crypto currency, but even so dogecoin has a large enough audience and to this day after we have gone through very severe market fluctuations, dogecoin still survives in the top 10 CMC which indicates that the holder is also quite strong.

We understand that you should not bet with a margin that you are afraid of losing.
hero member
Activity: 2170
Merit: 575
November 14, 2023, 03:50:31 PM
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 gone 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.
legendary
Activity: 2338
Merit: 1084
zknodes.org
November 14, 2023, 03:18:01 PM
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.
sr. member
Activity: 2296
Merit: 360
November 14, 2023, 02:57:22 PM

Will it Hold? BTC Targets $40,000

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$40,000 is a fairly easy point for bitcoin to reach in the next few months. but to reach this point there was a slight drop in price which made the market tend to be unstable, but i am quite sure that it will reach $40,000 even more than it was before the halving.
There's no doubt that with that upcoming bull run then passing through into its previous ATH would be most likely but since this market doesnt really give out any guarantees then we shouldn't really be that confident
towards for those things that would surely happen. No one knows on what the future looks like or on what would really be happening. Now we do have that drop in the market and getting back to 35k price level
on which we dont know on whats the sentiment behind that drop considering that there are no news or fundamentals that circling around on possible drop but well this is how unpredictable this market is.
It could drop or pump without having those reasons behind and this what makes it hard to tell that it isnt really that you could really be able to handle out.

40k might be near to look at but with the roller coaster like behavior of Bitcoins price  then there's no way that we could really be able to tell on when it would happen or
how long we do able before we could really be able to reach it out. Might be this year or would really be in next year. The best thing to be done now
is to make yourself that placing up some buy orders and secure while it is really that low.
full member
Activity: 868
Merit: 202
November 13, 2023, 11:57:18 PM

Will it Hold? BTC Targets $40,000

...


$40,000 is a fairly easy point for bitcoin to reach in the next few months. but to reach this point there was a slight drop in price which made the market tend to be unstable, but i am quite sure that it will reach $40,000 even more than it was before the halving.
sr. member
Activity: 1148
Merit: 432
November 13, 2023, 11:20:34 PM
If you count from the current price it is seen that we have a chance to increase more than $ 40k, because that number is not difficult to reach by Bitcoin in the next two weeks if the trend continues, but today's market is waiting for conformation and making Support trend at a price of $ 36K- $ 37k, if we can survive at a price of $ 35k when consolidated prices, then it is likely to be more than 40k at the end of $ 40K at the end of the year with a significant probability.

But I honestly doubt whether Bitcoin will return to $ 35K or not, the market seems to have ambitions to continue to exceed the $ 40K limit.
For now the increase continues, although sometimes accompanied by small corrections, but in the last few weeks the trend has continued to move in a quite positive direction so in my opinion reaching 40k in the near future is very possible.

Market conditions are quite difficult to predict, and what is happening now is indeed surprising, but from here we can also see the strong support and positive news about Bitcoin in the future, which makes investor interest even higher so that high demand makes the price even higher. increases, I am very optimistic to see 40k price before the year is out.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
November 13, 2023, 10:24:58 PM
Basically, the BTC target is not $40k dollars and the longer it goes, the higher the target will be. However, by the end of 2023, we can expect BTC to reach over $40k. If we take a look at the current Bitcoin market practice, it is definitely not possible to think in mind. As we have seen BTC position the market with good prices since November, we can expect more value from Bitcoin accordingly. Although we currently have the Bitcoin market cap at $37k, and it's still there, that's why we can see Bitcoin above $40k before the end of 2023. Moreover, since we have half waiting in the future, in 2024, after the Bitcoin halving, the market will decrease a bit, but then it will increase again. Maybe after the halving the Bitcoin market may come down to $35k again, but the next year will be a bull market in 2025 and the Bitcoin market will peak ATH.
If you count from the current price it is seen that we have a chance to increase more than $ 40k, because that number is not difficult to reach by Bitcoin in the next two weeks if the trend continues, but today's market is waiting for conformation and making Support trend at a price of $ 36K- $ 37k, if we can survive at a price of $ 35k when consolidated prices, then it is likely to be more than 40k at the end of $ 40K at the end of the year with a significant probability.

But I honestly doubt whether Bitcoin will return to $ 35K or not, the market seems to have ambitions to continue to exceed the $ 40K limit.
While bitcoin is looking strong, at the same time it is for the best to be more measured when it comes to our predictions, since the 35k level is not far away and we have been above it just for two weeks, so the price of bitcoin could always make a sudden turn and go below that level in a single day.

However I also think that with the halving getting closer the chances for an upward movement are getting higher, and I can understand why investors are so confident on the prospects of bitcoin on the upcoming months.
hero member
Activity: 2226
Merit: 610
November 13, 2023, 09:30:36 AM
Basically, the BTC target is not $40k dollars and the longer it goes, the higher the target will be. However, by the end of 2023, we can expect BTC to reach over $40k. If we take a look at the current Bitcoin market practice, it is definitely not possible to think in mind. As we have seen BTC position the market with good prices since November, we can expect more value from Bitcoin accordingly. Although we currently have the Bitcoin market cap at $37k, and it's still there, that's why we can see Bitcoin above $40k before the end of 2023. Moreover, since we have half waiting in the future, in 2024, after the Bitcoin halving, the market will decrease a bit, but then it will increase again. Maybe after the halving the Bitcoin market may come down to $35k again, but the next year will be a bull market in 2025 and the Bitcoin market will peak ATH.
If you count from the current price it is seen that we have a chance to increase more than $ 40k, because that number is not difficult to reach by Bitcoin in the next two weeks if the trend continues, but today's market is waiting for conformation and making Support trend at a price of $ 36K- $ 37k, if we can survive at a price of $ 35k when consolidated prices, then it is likely to be more than 40k at the end of $ 40K at the end of the year with a significant probability.

But I honestly doubt whether Bitcoin will return to $ 35K or not, the market seems to have ambitions to continue to exceed the $ 40K limit.
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
November 13, 2023, 08:42:27 AM
I agree with you, we can hit $40k this year, but turning $40k into resistance is not easy. Personally, I also predict a possible correction in the last days of November, IMO. I don't think we will have ETFs before halving and into bull season from now on. I'm still leaning toward a scenario where history repeats itself rather than us having an ETF this year and entering the bull season earlier than usual. At this time, we should think about correction instead of subjective thinking that bitcoin will continue to increase and reach 45k$.
✂️
I think before next year and close few months left with halving believe bitcoin have potential raise up more than $40k, have two months left before next year and optimist bitcoin will going up.
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.
sr. member
Activity: 672
Merit: 321
I like to treat everyone as a friend 🔹
November 12, 2023, 11:48:41 PM
Basically, the BTC target is not $40k dollars and the longer it goes, the higher the target will be. However, by the end of 2023, we can expect BTC to reach over $40k. If we take a look at the current Bitcoin market practice, it is definitely not possible to think in mind. As we have seen BTC position the market with good prices since November, we can expect more value from Bitcoin accordingly. Although we currently have the Bitcoin market cap at $37k, and it's still there, that's why we can see Bitcoin above $40k before the end of 2023. Moreover, since we have half waiting in the future, in 2024, after the Bitcoin halving, the market will decrease a bit, but then it will increase again. Maybe after the halving the Bitcoin market may come down to $35k again, but the next year will be a bull market in 2025 and the Bitcoin market will peak ATH.
full member
Activity: 2576
Merit: 205
November 12, 2023, 09:10:14 PM
Holding 37k up to now and yes 40k is sooner to be broken again , its just waiting for the final blow, let those taking the correction serious and selling , let us continues to hold for the future effect .

maybe 45k is near the table , I will be happy watching this to happen.
of course you'll need to watch as if we can do other things than watching and investing ,
 the expectation should happen in the coming years 1 or 2 years from here and yes there might be sideways but the
waiting should happen upon those time because if not then this market will never be the same again as the trend had been cut.
If you look at the growth of Bitcoin prices over the last few months, it is not impossible that $40,000 can be penetrated. We are used to seeing significant spikes, plus institutions trying to take over the market provided a strong push to recent price increases. Bitcoin in a short time rose to $37K indicating the lower limit is being tested, especially to end 2023 and welcome 2024 which can be said to be very short. This halving has been awaited by many long-term investors and shareholders.
It is normal for bitcoin to penetrate $40k or $50k, because it has happened many times in the past, it is not just the recent increase that proves it. But what's more important is, when bitcoin passes $40k, will it continue to rise or return to $30k or lower? That's what we need to care about. There is no guarantee that once bitcoin passes $40K, it will never return to lower levels. For me, as long as the halving does not happen, we have not really entered the bull season, everything is uncertain. I still believe bitcoin can reach $40k during this bull run, but I don't think it can stay at that level until the halving occurs.
that is the only thing we need to understand and gather, to wait and let the time comes to happen.
this 40k target is just for short time because what we are looking is the more higher and that is the 6 digits price in which mostly
says to come in the net halving when the bull takes place.
sr. member
Activity: 1400
Merit: 283
DGbet.fun - Crypto Sportsbook
November 12, 2023, 06:16:55 PM
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 understand that retracements happens as price does not continue to move in one direction only. However,  a drop of over $8k in a season like we are in requires a very big fundamental to achieve. I mean a negative news is what can cause such huge drop in price. One notable one that have the potential of causing such drop is if the Bitcoin ETF gets rejected or possibly some countries banning Bitcoin like China did in the past. Apart from such a news, it will be a little difficult for Bitcoin to drop from $40k to $32k which you suggested since the optimism is already high as you can see from the steady rise in price of Bitcoin.
If a correction happens and bitcoin drops 8k-10k then there is nothing surprising for bitcoin. Bitcoin could go up 8k-10k in a few weeks, it could also go down similarly, we should accept that instead of assuming it won't happen. As for news that causes bitcoin prices to decrease, rest assured because this is a market full of manipulation, so there will always be some news released every time bitcoin prices decrease. For me, in addition to macro news that is impossible to predict, news related to the market such as ETFs is just news released to legalize the price of Bitcoin.
sr. member
Activity: 882
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#SWGT CERTIK Audited
November 12, 2023, 10:38:58 AM
The figure is as you wrote that the BTC Targets of $40,000 will be exceeded, whether at the end of this month or early December, but what is certain is that number will be reached.

Yes. You have to be careful and be prepared if there is a reversal and it is advisable to have extra capital that you can use later at that time.

However, that is one of the characteristics of the Bitcoin market and normal of course.
      
hero member
Activity: 1218
Merit: 608
November 12, 2023, 10:33:14 AM
#99
I agree with you, we can hit $40k this year, but turning $40k into resistance is not easy. Personally, I also predict a possible correction in the last days of November, IMO. I don't think we will have ETFs before halving and into bull season from now on. I'm still leaning toward a scenario where history repeats itself rather than us having an ETF this year and entering the bull season earlier than usual. At this time, we should think about correction instead of subjective thinking that bitcoin will continue to increase and reach 45k$.
Have possibility with bitcoin will raise to $40k but its not easy regarding when bitcoin price difficult break out around $32k in last several months before success raise to $38k need more than four to six months later. Left 3k$ for bitcoin will be around $40k and its need time and moment exactly when good news sharing automatically many investor keep hold their bitcoin assets or scenario with bitcoin ETF approving have been long term rumor. Correction will be come when bitcoin success raise above $40k but regarding if Bitcoin ETF is approving later will make strong position for bitcoin break out higher price without get chance correction.
I think before next year and close few months left with halving believe bitcoin have potential raise up more than $40k, have two months left before next year and optimist bitcoin will going up.
hero member
Activity: 700
Merit: 577
November 12, 2023, 10:29:49 AM
#98
Exactly. But the way I am seeing the market it might cross the $40,000 before this year will end. And the drop down will hit below $32k and that will be an another opportunity period to buy more and store it in the wallet for the bull market. Do we have any targeted price of bitcoin? I don't think so but all are just predicted prices. There are different price list of bitcoin even at the end of this year and also to the bull market.

Buying of bitcoin will not be a problem buy the will the money available to purchase the amount you wanted? That is a big question. Yes buy and hodling is the best thing to do even from now.
hero member
Activity: 1050
Merit: 844
November 12, 2023, 09:36:01 AM
#97
The price of bitcoin will surely rise more and more to attain the price of 40k$ because today the price is more than 37k$. I don't think that huge down will occurs before halving as demands for bitcoin is getting larger every day.
The large demand for Bitcoin through market channels will be a better support for Bitcoin in maintaining its price so that the possibility of increasing to $40K could become real and not impossible within this year. Because I see that several price corrections that are still emerging in Bitcoin this month can immediately disappear with improvements that come directly to Bitcoin.

Quote
As people are more excited for coming Bull run so I think that bitcoin will attain such price which no one will ever experience and it will be more higher than price higher worth of 69k$. Those who miss the current price for buying will never see this again as price will skyrocket during 2024 and all will be waiting for more four years as according to prediction halving occurs after each four years of timing.
Halving happens every four years, so this moment needs to be taken advantage of and not missed because it doesn't happen every year. Meanwhile, for larger increases, this usually often occurs after the halving, which in other words could be in 2025 or before that year. Because when the halving is happening, I don't think that the price will immediately increase as soon as possible on Bitcoin.
sr. member
Activity: 2618
Merit: 439
November 12, 2023, 09:24:41 AM
#96
Holding 37k up to now and yes 40k is sooner to be broken again , its just waiting for the final blow, let those taking the correction serious and selling , let us continues to hold for the future effect .

maybe 45k is near the table , I will be happy watching this to happen.
There is a huge possibility that $40k will reach soon but we don't know the exact time. Maybe after the Bitcoin ETF is approve. As we can see in the current price action of Bitcoin it seems like it really wants go up so if the Bitcoin ETF is approved $40k price is surety.
I didn't see any indication that the price will going to reverse hence I can feel that it will go further. For now, let's wait what will be the result.
This is a sounds now that music to our ears telling bitcoin is near breaking 40k because that seems to be the price range to be taken this 2023  and at the end of the year before there is another dumping that comes before halving.
2024 is the day assuming to be the Bull coming and with all of those speculation?  I am sure that something is good coming in the year end but the 2024 speculative seems to be odd because we also knew that halving effect taken after a year and with those I expect 2025 is the year.
ETF is also a best contender to bring the whole market great positive expectation .
hero member
Activity: 2268
Merit: 579
DGbet.fun - Crypto Sportsbook
November 12, 2023, 08:21:40 AM
#95
This sudden pump happened due to the bitcoin ETF news. Many think the approval will be this year but i think it will be next year before halving. If this is the expected bull rally then I think it's too easy for people to make money and i think whales will not let it happen. They make money by manipulating the market and people were buying the dip for a long time Future traders were waiting for a breakout which happened recently and many opened their long positions. I think the market can go to 40k to make a major correction so that it can wipe out all the long positions and create panic among the long term investor who will then book profit in panic to take a lower entry.

It is a scenario that many people are thinking about but we never know where the market makers will take the market in the coming days. When many people believe that history will repeat itself and that the bull season will only come after the halving, they will most likely change the game. They mix things up so people jump into the market regardless, any scenario is possible.

We will never know what the market makers are thinking, so don't think that what we predict is that they don't know. They are the ones manipulating us, showing us the way, not us manipulating them.

They usually don't do that and the previous three bull seasons are evidence. Markets follow the same pattern but many people predict different things which makes things easy for market makers. They use the same tactics but they do it with such events that even the patient's mind also thinks this time it will be different. At the end we discover the market follows the previous pattern.

Market makers don't want us to make money. So they manipulate the market by giving us hope, greed and fear. The majority fall for the trap that's why the percent of crypto millionaires is lower than the total number of investors though everybody knows a bull run follows post halving.

How do you know they won't? The previous 3 times were exactly the same, but that doesn't mean it will repeat and never change. There are no regulations forcing them to do that. Do you think everyone is waiting for the halving and they will only sell after the halving? So who will buy our bitcoins at high prices? I don't think the market makers will be nice enough to buy all our bitcoins at high prices or we will be able to beat them.
All possibilities are possible and what I want to say is to prepare yourself with many plans instead of being subjective that 100% of history will repeat itself.
sr. member
Activity: 546
Merit: 265
November 12, 2023, 08:17:18 AM
#94
It will reach $40,000 for sure and will also follow a quick drop off to $32k which will act as support this time,
I am certainly in a close by domain with you on this side but though I assumed the Bitcoin would be valued at a maximum appreciative rate at $39K but if depreciated would be valued at the rate of $29K before the year 2023.

If you have money available, you should focus on buying Bitcoin and HODLing as these prices will never be available again in the future.
Never trash away history because it can still repeat itself as many as.

Did you forget about the volatility potential of Bitcoin and how it's been since fluctuating UPs and DOWNs?
Never forget the history price of Bitcoin since it was invented til date. And yet the Bitcoin price of 2021 is yet unbeatable despites the appreciative values of today.
Check out the history price of Bitcoin in the chart at
https://ibb.co/vHgknrj">https://i.ibb.co/NsQKBky/bitcoins-price-history-Final-2022-1ee18825fac544509c03fc3a2adfe4e9.webp" alt="bitcoins-price-history-Final-2022-1ee18825fac544509c03fc3a2adfe4e9" border="0">
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