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Topic: Will the price of BTC ever hit $40k again? (Read 902 times)

hero member
Activity: 1246
Merit: 534
August 27, 2022, 05:54:04 PM
Yes, BTC Abar will hit 40k. Because Bitcoin is the world's 1st coin which is one of the most popular coins. This coin is compared to gold. BTC peaked at 69k+. And it will return to its previous state again in sha Allah. Going into the present time is a bit complicated because now the bear market is going on. When this is over, when the bull market starts, it will definitely hit 40k.
Nobody is that it, that  the price of Bitcoin will not reach 40000 so funny pranks to itch 40K that means there is every evidence that many investors is coming too Bitcoin with a lot of financial demand in the cryptocurrency. So i believe that the up going situation of cryptocurrency to day is starting from the people who is buying Bitcoin
full member
Activity: 2520
Merit: 204
I observed several changes in the price  within a few months. With these changes, I wish to ask do you think the price of Bitcoin will ever hit $40k again?
I'm just being curious as a new trader.
because you are a new trader, so I welcome you to a very volatile market. from the history of bitcoin price changes in the last few years, bitcoin has great potential to return to $40k or even go down to $20k. if you are a short-term trader then try to never sell at a loss, prices change very quickly, pay attention to your decisions, don't be rash.
I believe that he is not a new trader because this seems to be not a total buyer instead he is just for Speculations and that is not a proper way to ask  , desperately checking about 40k when he does not even mentioned of holding some?
$40,000 USD is nothing and it will once again hit that number anytime soon. Remember, the $40,000 USD isn't even the all time high. Look at the charts. The price always reaches a new all time high and then after few months or years, the new all time high gets beaten and another ATH takes place.

Since you are a new trader, I would suggest you to learn the market first and know about the volatility of the market. Bitcoin can be $40,000 today and it can be $20,000 tomorrow!
maybe what he is asking if this can be reached sooner , and that is why he is eager to hear answer that is impossible to assume correctly .

Price will increase or decrease depend on how we contribute for the adoption .
sr. member
Activity: 1876
Merit: 318
I think there's a high chance that the bitcoin price will hit $40k again. But that doesn't seem to be the case this year as the market situation is still weak and the bitcoin price is only trading above $20k and below $30k. Maybe next year there is hope that the price of bitcoin can reach $ 40k again. So let's see how far the bitcoin price has moved from the end of this year to the beginning of next year.

It's true we have to believe Bitcoin will definitely hit the price of $40k again, that's why when the Bitcoin price drops like now don't panic,
but just keep collecting as much Bitcoin as possible. Nobody knows when Bitcoin will return to its $40k price, what is certain is that as you said
it is impossible for Bitcoin to reach a price of $40k this year. Especially now that the price of  Bitcoin is again showing a downward trend,
but we don't need to worry, the history of Bitcoin's movement proves how deep the price of Bitcoin fell, it will always recover again. So we really
have to be patient for now, it's really tiring to face a bear market situation. But if we don't want to regret, and want to make big profits from Bitcoin.
Then never doubt Bitcoin, just focus on collecting as much Bitcoin as possible, then holding Bitcoin until it reaches the target we want.
full member
Activity: 790
Merit: 112
I think there's a high chance that the bitcoin price will hit $40k again. But that doesn't seem to be the case this year as the market situation is still weak and the bitcoin price is only trading above $20k and below $30k. Maybe next year there is hope that the price of bitcoin can reach $ 40k again. So let's see how far the bitcoin price has moved from the end of this year to the beginning of next year.
legendary
Activity: 2128
Merit: 1775
I observed several changes in the price  within a few months. With these changes, I wish to ask do you think the price of Bitcoin will ever hit $40k again?
I'm just being curious as a new trader.
I've been monitoring the development of speculation and predictions in crypto or Bitcoin market changes every time a "halving" occurs I've seen it happen twice.
First: year 2017
And the second: 2021.

From the experience that I have seen, Bitcoin is easy to move to the level of $ 40k, if the time has come, maybe at this time we should continue to monitor Bitcoin developments on a regular basis the current direction of Bitcoin development, but i'm not sure i know this can go to $40k, maybe 1-2 years in the future, i have great hope and confidence for that.
member
Activity: 1162
Merit: 58
It will , or are you asking if this will happen in this soon day? then I am not sure if this is something to come that day because there are so much happening in crypto market nowadays and Bitcoin isn't ready yet to break that 40k again.
I know it will indeed returning because the last ATH is almost 70k then why doubt that this will happen again in the future.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
$40,000 USD is nothing and it will once again hit that number anytime soon. Remember, the $40,000 USD isn't even the all time high. Look at the charts. The price always reaches a new all time high and then after few months or years, the new all time high gets beaten and another ATH takes place.

Since you are a new trader, I would suggest you to learn the market first and know about the volatility of the market. Bitcoin can be $40,000 today and it can be $20,000 tomorrow!
hero member
Activity: 2716
Merit: 904
Many speculations are showing nonstop. Some are saying that cryptos will again reach ATH but to some technical analyses, it will be hard for majority of cryptos to again break ATH. In reality, it is quite close to impossible to predict market behavior, accurately or atleast precisely. There are many factors affectinf market value and each of these factors are changing from time to time which further affect market prices. On my end, I do believe that someday Bitcoin's price will again soar high along with other cryptos.
Despite of the uncertainties happening in the market and those inevitable events that keep hitting and affecting the market, I still chose to be optimistic on the future price of bitcoin. I know $40k will be reached eventually and might even go beyond that, and I think that’s not impossible as bitcoin is the most proven crypto asset that reaches the highest and most expensive price. Maybe not happening this year, but in the next preceding years I guess bitcoin price will come up with a better one.
hero member
Activity: 2562
Merit: 586
I observed several changes in the price  within a few months. With these changes, I wish to ask do you think the price of Bitcoin will ever hit $40k again?
I'm just being curious as a new trader.
because you are a new trader, so I welcome you to a very volatile market. from the history of bitcoin price changes in the last few years, bitcoin has great potential to return to $40k or even go down to $20k. if you are a short-term trader then try to never sell at a loss, prices change very quickly, pay attention to your decisions, don't be rash.
For now I think there's more chance for the price to hit 20k than 40k because we are already below 21k but this shouldn't make us feel sad. A fall in price is better if we want bitcoin to grow up faster because a fall in the price will trigger lots of buyers than seeing btc becoming stable or stagnant in value. Short traders on the other hand are the ones who sell at a loss because they can always buy again and you said the price changes very quickly? This is why they need to hurry.

If there is one here that no need to rush, that will be the long term investors. A small/quick change in the price is nothing for them but their goal is to earn bigger profits by doing a one time sell off.
STT
legendary
Activity: 4102
Merit: 1454
The view for the rest of this year rests on moves like Euro weakness and the developing situation in energy supply across Europe.  The reason its such an involved answer is Euro movement ties into Dollar strength which is a weight of sentiment against speculative assets such as BTC.   The lack of energy is so great in Europe that it could mean less business done, overall a restricting force on growth and generally the circulation of currency somehow that ties into BTC progress.   Eventually it will correct but there are big reasons to suspect BTC stages no big recovery for now.
hero member
Activity: 2338
Merit: 737
Brother in my experience Bitcoin will hit again $40k and it is possible. But it takes time to recover the market almost 1 or 2 year. It will back to hit $40k and above. BTC will back again at $68k
I also believe in what you say although I don't have to completely believe you. But if it's about Bitcoin, then I'm always more convinced of a price increase like it has in the past and an increase in the price of Bitcoin to $40k or even $68k is something that is still very possible even if it takes a long time. So it would be best if everyone would take advantage of the present opportunity to buy and keep it before everyone saw the $40k or even $68k price on Bitcoin.
sr. member
Activity: 1106
Merit: 391
I observed several changes in the price  within a few months. With these changes, I wish to ask do you think the price of Bitcoin will ever hit $40k again?
I'm just being curious as a new trader.
because you are a new trader, so I welcome you to a very volatile market. from the history of bitcoin price changes in the last few years, bitcoin has great potential to return to $40k or even go down to $20k. if you are a short-term trader then try to never sell at a loss, prices change very quickly, pay attention to your decisions, don't be rash.
member
Activity: 223
Merit: 24
Honesty will go a long way!!
Yes, BTC Abar will hit 40k. Because Bitcoin is the world's 1st coin which is one of the most popular coins. This coin is compared to gold. BTC peaked at 69k+. And it will return to its previous state again in sha Allah. Going into the present time is a bit complicated because now the bear market is going on. When this is over, when the bull market starts, it will definitely hit 40k.
member
Activity: 210
Merit: 22
I observed several changes in the price  within a few months. With these changes, I wish to ask do you think the price of Bitcoin will ever hit $40k again?
I'm just being curious as a new trader.

Brother in my experience Bitcoin will hit again $40k and it is possible. But it takes time to recover the market almost 1 or 2 year. It will back to hit $40k and above. BTC will back again at $68k
sr. member
Activity: 2618
Merit: 439
Yes, the price will hit back to $40k any moment from now, because the price has started improving in the market which before the end of next month the price will increase higher to reach $40k or $49k for people to start selling their bitcoins to make a good income from their investments in the community. Just relax your mind, the price of Bitcoin will definitely increase higher in this month of August for you to believe that the price will reach $40k again.
seriously mate, does the price hitting back up now? because all i can see in market is that continuously holding 21k and there are so much intention that it would fell down below that level,some says it may drop to 15k , but i doubt it would happen any time soon.
sr. member
Activity: 1148
Merit: 432
Price will definitely reach $40k again soon in the future. It's just difficult to say when exactly it will be as we are in bear market right now. Just like the crash way back 2018 where bitcoin pumped from $20k then went down to almost $3k, many people lose hope during those time and said bitcoin won't recover anymore. But in 2020, it reached $20k again and reach a new all-time high after that year.


yes i agree with you.
Bitcoin will not die, bitcoin will grow into something that is difficult for us to predict, bitcoin will grow to be bigger than what bitcoin has ever created. When such things become commonplace, we must carefully understand the market.
legendary
Activity: 3318
Merit: 1128
You aren't really a new trader because you said you already observe the movement of the price for a few months but even if you are new here, it's still possible for you to know the history of the price. We have lots of references online. After knowing the truth, you will say that btc really can return to its previous price. The only thing is that we don't know the exact time when it will occur.

It can be shorter or longer but anyway it shouldn't really matter for you since you said are a trader so you can still be able to profit if you ride the fluctuations. Only those who seek for a higher price are the investors and if they do, will go for more, not only 40k.
You could be a newbie with a few months to be fair, that doesn't mean they are not a new trader. But at the same time, it’s better than being brand new, because it means you could watch what’s going on. I personally believe that bitcoin price will be 40k and even over 68k once again, maybe it won't be there very soon, but it will eventually get there which is a big advantage because it means we could just invest today, wait for it to reach there and we will make a good profit from it. The only reason people do not do it right now is the fact that they are not sure if it will happen soon, and they do not want to keep holding bitcoin for a long term.
hero member
Activity: 2338
Merit: 737
$40k? yes! I say out loud! that Bitcoin could hit $40k again, maybe we'll see it in Q4 and that's at the end of the year,
on condition that bitcoin is able to be at $20k in the next few months, because that's a strong support to survive the bears
Now the Bitcoin price is above $20K. Do you think the current Bitcoin price is under $20k? if you think like that, it means that you have never visited the market to see the price of Bitcoin so you say so. The price increase at the moment looks so difficult on Bitcoin that to reach the $40K price I think it will still take a little longer for Bitcoin even though a bigger increase in Bitcoin is still very possible in a short time.
hero member
Activity: 2366
Merit: 594
Price will definitely reach $40k again soon in the future. It's just difficult to say when exactly it will be as we are in bear market right now. Just like the crash way back 2018 where bitcoin pumped from $20k then went down to almost $3k, many people lose hope during those time and said bitcoin won't recover anymore. But in 2020, it reached $20k again and reach a new all-time high after that year.
hero member
Activity: 3010
Merit: 666
If you ask me that question my answer is always be "yes".Not just 40k, Bitcoin will cross its all-time ATH.  If you look at the chart of Bitcoin for the past years you can see that there was a big dump in 2018 and then if you look at how much Bitcoin pumped you might get an idea.  And over 80% of the total supply of Bitcoin has been mined and in the future when Bitcoin is no longer minted it will exceed 100k.  Yes but the market condition is not good now so its price has come down a lot since ath but I am optimistic that it will recover very quickly by early 2023.
I think it is pretty much a given that bitcoin is going to recover and it will reach a new all time high at some point in the future, what we really do not know is when and all of this is going to happen, and while we know that the market of cryptocurrencies can move in ways that are impossible to predict, a recovery by 2023 seems to be too soon at least to me, I really think that 2023 is going to be another difficult year in which we will need to hold our coins and in which we will need to avoid as much as possible to panic during that time frame, and wait until 2024 before more favorable market conditions can be found.
Recovery has been tested already and we know that it has the potential that is why we trust Bitcoin and take risks of this.
Just looking back last 2018-2020, the market is really in terrible condition but it eventually moved high. Reaching $40k is not a requirement but I believe we even surpass that amount in the coming days when the bull season comes. It was been known to us about halving and we are aware of the situation where price spikes are going to happen, and all of us are quite excited about that.
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