Bitcoin Forum

Will it Hold? BTC Targets $40,000

When you check the October 2023 Non-Farm Payroll data you will notice Without a doubt, the bulls continue to dominate the market as the Bitcoin price surged to a new annual high of $35,400. Given that Bitcoin miners control 10% of the total BTC in circulation, their trading actions have an impact on the BTC price.  Indicators presently suggest that BTC miners have adopted a bullish attitude during the week, and if they continue to accumulate rewards, we might witness further gains up to $40,000.

Secondly, Sources from IntoTheBlock shows the demand for Bitcoin has exceeded supply judging from the data available at the aggregate order books https://app.intotheblock.com/coin/BTC/deep-dive?group=exchanges&subgroup=order-books&chart=all. If this holds through then we expect the market for this week to remain bullish. However, there may be little contrary arguments.
A critical point to note is that everything being equal BTC price may likely defend the $33,500 - $34,500 zone and prevent bearish reversal.
I did my analysis on a weekly based and it may be subject to my bias. Feel free to contribute and possible show areas that are worthy to note.

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 was thinking that this topic belong to the speculation board. Anyways, $40k is not such a huge gap from where price is at present because I remember of recent when Bitcoin gained by over $5k in about 24 hours. With Bitcoin, nothing is impossible because the volatility is high.

I am actually projecting something close to the ATH or at least $45k before the end of the year. This is because next year's bull run may actually be more explosive than previous ones so thus year will set the stage.

While we are also looking at the price, let's endeavour to accumulate as much as we can as we approach the end of the year.

OP this discussion belong to the speculation board and not on Bitcoin discussion, please move the thread to the speculation board as soon as possible, here is a board based on Bitcoin discussion only and not talking about Bitcoin price price blah blah blah

It's good to see the price comfortably seating at 35k but I'm actually not perturbed by the price movement, though it helps to keep bitcoin enthusiasts excited and expectant of things to come but I'm more interested in acquiring and hodling more Bitcoin. We are not in the bull season and there's no need to get my hopes high. About hitting the $40k in November or December? Very likely, I think if any of the Bitcoin spot ETF gets listed, this is very feasible and we may even get to see $45k or $50k.

To be honest with you, we don't know if it will hold or maybe the best term is if we will touch based that price this November-December.


But in any case, there is a good thread to read about by @philipma1957, back in 2015 we had a nice pre 1/2 ing streak. (https://bitcointalk.org/index.php?topic=5472517.0) He put some numbers in their based on the past historical logs, you might want to check it out. And see if it matches your prediction and others members.

And as you have said, we need to continue to accumulate, just to be ready for the next block halving and the bull run next year.

40k as a peak could happen if we consider differing time frame influence.   A wave can advance as the tides retract, I believe on the widest time frame or sized bars for BTC on the chart we have resistance vs the 2022 area of trading for BTC.   Quite a few people were caught off guard by BTC even being possible to fall back into the teens, the volatility is always a surprise especially to new people but we should consider it normal in possibility.
  In that context a spike to 40k and also back to 30k would be volatile but possible, both prices would reflect differnt time frames.  No doubt near term we are bullish and overall people will always sell BTC and take profits, speculators have this nature to close a trade.
    We have traders in BTC now who also deal in corn or oil or anything, they switch and they go focus elsewhere as and when it suits them; dont assume loyalty from short term strength imo.

Although the future market of Bitcoin cannot be said with 100% guarantee that the price will increase or decrease. But my question is here why the target is only 40k for bitcoin?
Still if I have to say I don't think it will touch 40k anytime soon as bitcoin halving is still some time away. Moreover, Bitcoin price recovery will start after the end of the halving season in my opinion. It is true that miners control 10% of Bitcoin's circulation, but I don't think there has been any situation yet that the market will be bullish and touch 40k due to the attitude of miners. I think that the current pump of Bitcoin is temporary. Maybe we will see Bitcoin price below 30k or around 30k again. So my suggestion would be to start holding for long-term without keeping 40k as target.

When it comes to the 40k Bitoins's speculation, without any doubt I can say that yes maximum of us are highly Bullish, but from my sixth sense or you can say greed I'm expecting a good correction. I have some buying plans there but that is a decent scenario, the Market may not follow it.

A maximum of the traders and sentiments are indicating that the market will follow the journey till 40k to 45k, there's an in-between mode of consolidation in which the market will stay on a tight range for a decent time. TBH the first week is not following my predictions and if the 2nd week goes against the scenario of correction then I'll be expecting a breakout of the range.

Bitcoin will truly reach a price of $40,000 per coin. If you truly want to keep an eye on it, dude, you can look at what's going on in FOMC trading or DXY and conduct your technical analysis there if you're familiar with market movements.

But practically everyone in the bitcoin industry understands that the market is unpredictable and that even specialists can't make accurate predictions because their data is based on their beliefs about where the market will go. Actually, of the Bitcoin price.

Well, that's my initial prediction.
I predict that Bitcoin will reach as high as $40,000 this year, and even as high as $45,000 though this is just me being too optimistic with Bitcoin a few months before the halving happens.

One big news, and it might push it's price even higher. That's what I'm thinking right now. We didn't even know that the "TICKER SYMBOL" thing will happen, and it pushed it's price upwards. I don't know what can cause Bitcoin to reach $40,000 right now, but maybe something ETF related might do it. Overall, this is just a prediction, and we can't predict the market with 100% accuracy.

Just continue on what you're doing. If you're doing DCA, continue doing it. If you want to buy at once, do it. If you are just waiting for the bull run to happen so you can sell your assets, do it. As for me, I'm just waiting for the bull run to happen so I can sell all of my assets already. :D

I think first if we wanted to get to $40k, we need to overcome the current mental barrier which is $35k. And it seems just like any other resistance, it seems to be very difficult for now to breach it unless we have significant good and positive news in the market.

So for now, it's hard to say at least that we will go to $40k.

We might be seeing another sideways patterns that we are more familiar with as we have it in the last 6 months or so.

I can see that $35,000 is strong. The price goes down a bit and then comes back to it, surpasses it a bit and then comes down again. There's like a volleyball happening and $35,000 is the net. The price could fall down and lose $35,000 for a while but nothing would be too deep that it would become a difficult target once again. Having said this I think $40,000 is within reach within this year. There's just so much to hope for in the near future. I cannot see a reason why people should be bearish.

$40,000 is definitely achievable and I am sure we will even reach somewhere near $45,000 and most of us are predicting similar with our own way of analysis but there will be a correction phase as well and not sure whether it will be $30,000 or even less than that and anything less than $20,000 is not a good sign for us. Whenever there is a pump or bull run Bitcoin is over bought and it retracts back which we consider correction phase and often people misunderstand this as start of bearish market and start selling without doing any research as such sort of fear is created at that point of time as a result more than corrective phase it's the users like you and me dumping the coin which pull Bitcoin further down and makes it look lik bear run. If we are able to manage this phase smartly without dumping then we will have an extended green days.

Yes, we expect the market to remain bullish this week. Bitcoin may continue to rise from here to achieve the main target for the middle of the large wave between 37,000$-40,000$, either with a continuous rise from here or with a small correction and then rise.

Many positive indicators in the market suggest a continuation of the rise and we hope to see large numbers from here until the end of the year, of course with continued optimism that we will see a new peak after halving, so yes, holding is the best strategy at the present time.

I believe the $40k target this year is achievable but bitcoin will not go from $35k to $40k without any correction. We have grown quite a bit in the past few weeks without any correction, and I think it is time to pull back before conquering new growth levels. I predict a correction to occur mid-November through the end of the month and we will start rising again in December. I'm waiting for bitcoin to correct to the $32k area so I can accumulate a little more bitcoin for myself.

If we get word that the etf is approved then I will most likely head to $40K. But after that it matters when it’s finally listed on the stock market.

Usually events like this are sell the news. The product goes live and it marks the top. Happened with the futures etf, then coinbase listing and later the stock market futures etf.

I agree that it is likely to continue its bullish momentum this week, the demand is exceeding supply for positive signs. The weekly RSI is above 70, which indicates that Bitcoin is overbought. This could lead to a short-term correction, but the overall trend remains bullish. The MACD is crossing above the signal line, which is another bullish signal. The 200-week moving average is at $31,500, which is a key support level. I think that Bitcoin is well-positioned to continue its rally towards $40,000 in the coming weeks. However, it is important to be aware of the potential for a short-term correction, especially if the RSI gets too overbought.

I'll say " possible " but not "definitely" because that word sounds like " guarantee " but we all know that everything is possible or can happen in the crypto market. What if the rise that we are feeling now won't continue? Or it will go down for a while? Keep in mind that we are still far from $40k.

I think not many people are predicting $40K-$45K, but $34k-$35k - yes. If higher than it, that will be $100k but they assume this to occur next year due to the situation we are having right now and then we only have a small time left. If BTC is over bought, that should lift the price more, not to go down or for us to experience a correction although people can also sell which results for that.

Sooner or later, Bitcoin price will surely reach $40k and rise even higher. It was only a matter of time for Bitcoin to rise again. And sooner or later, we're bound to see $40k and higher.

We have to remain patient in waiting for the price target we want. And when we see it later, it's better not to be greedy in taking advantage of it. Taking profits as soon as it reach the price we want will be better than waiting for a higher price that may not be reached then.

Currently, the Bitcoin price is still experiencing a correction and this will continue until the end of this week. But hopefully, it's wrong so the price can reverse direction and increase again to a higher price. People also still wait from time to time and they are still patient. So it's better to use this correction time to increase the number of Bitcoins again.

Yes, thanks I mean we all know how bitcoin prices moved, but I was surprised about your prediction that the price will move to $32k first before moving to $40k. For me, my speculation is that the price might continue to move on to $40k without dropping to any support line.

But let's see, it's very exciting to see how the price will go prior to the bitcoin halving. Everyone is anticipating a huge rally before halving though. Others see that the pre-halving the price might be $50k and then we will go an move on a massive bull run in the next two years, 2024-2025 and go six figures.

We wait then, and I guess everyone is in unison that we will get to $40k, just a matter on how and when.

If it's buying Bitcoin and Hodling it for as long as possible, I don't think anyone could naturally regret that and it's obvious.

But saying Bitcoin would hit $40,000 for sure this year is just what I see as possible but will not happen. The ETF saga has rekindled hope about its bull run of recent, yet, as much as people are lousy about it, I see the limit at the Fibo level of 38.2% at $35,865 (https://bitcointalk.org/index.php?topic=5471365.msg63042399#msg63042399). The market successfully hit the level and has been respecting it as expected and this is what would slip it into a major correction for it had moved up about $10,000 within a month, there is a need for such a retracement.

This is what it would do between now and December, and before you know it, the year is gone and my instinct of $35,000-$37,000 barrier for the year (https://bitcointalk.org/index.php?topic=5450679.msg62171337#msg62171337) would then prevail. Aside from this, there is still much resistance ahead of $40,000, so Bitcoin can't possibly hit it technically and the events that are emboldening such expectations are only assumptions not actual outcomes.

That's the hope of all crypto users and some of the speculation I've seen recently is that Bitcoin will rise to the $40k level without another decline and continue in 2024, once again it's just speculation meaning it could be right and wrong, still staying at $40k isn't a promising specific.

For me, I don't have much hope for the future of the Bitcoin movement, for certain reasons based on the overall situation of people's lives in various parts of the world, the current situation is getting worse, Considering much from the previous year, I feel optimistic about what will result in the development of Bitcoin in the current market, there is only one hope for the future that Bitcoin will be the best for all people around the world, regardless of staying in the $40k position or not.

I love the confidence in this prediction even as you have given a time frame, but then also what I may doubt in this speculation, is the part where you mention that Bitcoin will reach 40,000 prices and then drop back to 32k.


I may have seen such an outcome of the Bitcoin market before,  but at this time and stage, Bitcoin is now far from dropping to 32k before and after Bitcoincoin halves which is a few months ahead.

Price volatility is completely unavoidable, so corrections and increases are part of it. Even if bitcoin can break $40k, the potential for it falling back below $40k is always there even if trends seem to say otherwise. A large increase will be followed by a decrease, this is normal, especially when the market is overbought.

If bitcoin eventually breaks $40k, then I believe its value will still be difficult to maintain, unless there is a lot of continued support that generates a lot of market excitement. FOMO will happen when the SEC approves the ETF, so I guess that will be one of the deciding factors in whether the $40k hold  or not.

I am really optimistic that hitting the target price of $40k before this year ends is very possible as the price would even exceed it and continue to skyrocket and reach its new all time high. We are now on the last quarter of the year so expect that this season is more bullish compared to its previous months, that even history may prove it. However, that does not mean that bitcoin will never experience a price decline anymore, of course it's always possible due to market volatility but even so, it will definitely recover again and return to its original bullish price.

Most especially that we are anticipating big events for bitcoin in the next possible months so we can really speculate that bitcoin at the moment mark its bullish start and this will continue as long as there are positive factors in the market that continue to affect bitcoin price positively.

Right now predicting the price of bitcoin is proving to be very problematic, on one hand the demand seems to be high enough for the price to go through yet another pump which could put it close to the 40k level.

But at the same time this is a very high price already, the halving has not even happened and we will be relatively close to it already, and when I think about this from that perspective I think a correction before the halving also makes sense.

 nov 30-dec 1 42k

dec 31-jan 1 48k

and profit taking in jan 2024 down to 40ish

if we stay with the 2015-2017 pattern.

I mean by the looks of it, it could be considered that reaching to 32k wouldn't be impossible, it's a close by enough level that it could happen. I am not saying that it will happen, we may not drop there, I am just saying that it wouldn't be impossible to see it there. As long as we could give it some squeeze, we could see it go down that low, it would be very little drop and that's understandable.

However, 32k or not, one thing I am sure about is that it will go to 40k and that's an important thing, because it means we could invest right now and make a profit. I do not have to wait for a 32k drop, I think I can invest right now and I know that it will be 40k and even more than that later on as well with bigger increases.

Maybe bitcoin's next target is around $40k or lower at $37,500. But whatever the next target, the price of bitcoin will reach $40k.
We are optimistic that bitcoin can reach $40k by the end of November or even sooner.
This week will remain sideways for a while, seeing the price neither rise nor fall drastically again. So it is still a good time to accumulate more bitcoins.
But that's if they realize that they can buy at this price without thinking about the next drop that could occur.
You need to analyze to find a low price before trying to place a buy order to get the opportunity to accumulate more bitcoins.

The $32k level was a resistance level for a long time, and therefore it will be a support level for a longer period, and as long as Bitcoin continues to stay above $30,000 for a longer period, a higher correction has also become unlikely, and as long as the option of a correction is ruled out, we have two options, one of which is for Bitcoin to rise to $42,000, or for us to remain at the same level. Currently, we are likely to test that level before settling at some point above $32k and below $42,000.

Love that speculation because it is also what I wanna see in the movement sooner but like what you said I think better for me to close my eyes instead of planning to sell when it reach 40k and buy again once it falls down to 35k level.

But like what you said , I might not see another 30k level again in the future so better for me to stick to HODling than considering buying and selling.

this would be my merriest Christmas when comes , but like what said this is if we stay at 2015-2017 pattern .

It doesn't matter for me if bitcoin will cross or not that 40k level price because I am contented on how much I am holding now and how much I am expecting in the next coming years .
Bitcoin may jump over that value and surely recording another ATH so unless you are for short term then this would be your problem but not for me.
though i am praying that Bitcoin will hold that 40 till next year and make the bull runs after April (hopefully everything will go that way)

You are right, those who invest for the long term are not affected by the price of Bitcoin being low or high at that time, because these people have set a target point which can give them a good profit in the bull season. I think there are people who invest in Bitcoin for short term.Altcoins are also linked to the price of Bitcoin because whenever the price of Bitcoin increases, the prices of altcoins are also likely to rise. So such people are waiting for the price of Bitcoin to increase.

Hence such people are watching Bitcoin's $40k+ mark very closely. So we should take care of others along with ourselves. However, if we look at the RSI, fear and greed and resistance and support indicators, the chances of Bitcoin going down are high. You are praying for $40k, and we are praying that the price of Bitcoin will touch $25k again, so we can buy more.

We can't tell that the market will hit $40k before it retrace because if you look at the 4h time frame you can see a equal highs, meaning there is a liquidity sitting above. So in order to verify that the price will continue to increase is to wait for the close of the candle above that equal highs, but if the candle closed below or just swept a liquidity it's a confirmation that the pullback is starting to go down and possibly hit $30k before it goes up to reach $40k.

That means I just reopened the Bitcoin price chart site to see the Bitcoin price on the first day of the second week of November.
The movement of the graphic line convinces me that the price can survive and has the opportunity to reach the desired target. The current $35,193 price level remains the most important before arriving at the $40,000 target to trade.
I am still in a holding position by taking advantage of the situation to slowly get to the $40,000 price level.

Correct analysis. But I believe the majority of traders is now inclined on bullish side instead of the potential bearish since Ber months is always a bullish for Bitcoin market whenever there’s an upcoming Halving next year. History always repeats itself on crypto trading which is what the traders commonly use as reference on their trades that creates this bullish movement due to unity on being positive.

I believe we will close above 40k this November since the price is sitting strong already on the 34k to 35k range for a week. No one is willing to let go their position in preparation for the next year halving.

In the previous weeks, we clearly say that the price of Bitcoin is impulsively increasing, this only means that traders are only interested at buying while on the side there is no sellers that are interested. But what happened when the price reaches $35k? It's started to consolidate, meaning there is an equal or almost equal volume of buyers and sellers. In other words, buyers domination has stopped. Equal highs are very strong indication that the price will swept that area before the pullback starts. Another confluence that price will go down is to seek liquidity, EOF, and to rebalance the gap.

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.

Me too,  I don't see anything special about the 40,000 Bitcoin price because is not as if we have not tested that price before and also is not like we are going to see that price just once in a lifetime,  because we are already closed to 36,000 on multiple attempts and if all things being equal,  reaching that price shouldn't be a big deal from this point onwards,  this is most important to take note of so as not to make any unnecessary speculation when we eventually arrive at that price in the days to come.

Bitcoin already has a lot of price-triggering program lineups for it in the coming months and days/weeks ahead and a 40,000 price is something that looks like a base minimum to consider as a price to speculate about for now.

 Bitcoin is currently priced at $35,630 so reaching its $40k new price resistance may seem to be a piece of cake for bitcoin. Most especially that the market is looking forward for big events in the next months, then I must say as long as the market remains to be in a positive position, then we have no reason to expect that bitcoin price will be compromised again. However, the market is still unpredictable and it does not mean that if bitcoin is currently in a positive position at the moment, then its price will continue to soar high without chances of dropping.

That's why volatility is here. People should not be too confident that whatever they see at the moment is now fixed and will never be susceptible to changes. Of course, this is not possible. As long as volatility is highly encouraged, then we can always speculate for another price drop next to the price surging on bitcoin. But it also depends if the positive factors will continue to affect the market positively, then we might be seeing a new all time high for bitcoin as early before this year ends.

The price will not be available at this present market conditions but in the future it will be available.

This will be so because after the upcoming bull run, what comes thereafter is the bearish market. It is expected that during the bearish market, the price of bitcoin will go down in price. It might go down below $30k or $20k price by then. Since bitcoin has a four-year circle of halving season, which is comprised of the bear market and bull market.

Bitcoin is heading toward its halving(next year) and the bull run(months after the halving), which will make way from 2025 to 2026, giving bitcoin a new ATH towards that time.

Buying bitcoin and patiently Hodling it, is the key every investor should adopt at this time, the price of bitcoin is somehow cheap and can give many profits in the future

No matter whether the price of Bitcoin will rise to $40k or fall back to $30k, I still holding because my target is the next ATH. In fact, if you are a true holder, it is not a question if we hold or not but if you are just a short-term investor, I'd still say, hold your Bitcoin and wait for the right time to sell.

We never know when it comes ($40k) but surely we will get there. But while seeing the price movement, it looks like we possibly reach this price before the year ends. Holders will somehow not worry about it as I was certain that our waiting was not in vain.

You don't need to care about short-term volatility if you have made a long-term investment plan.
Bitcoin has great potential to record a new history at an all-time high price after the halving next year, but of course you have to have good patience and ignore the short term.

In the short term, $40k becomes very possible if bitcoin manages to break the $36k resistance. It appears to be the strongest resistance since the price surge in October to date, but it is likely that it will be broken as soon as possible. Today the market still tried to test this resistance, but still failed even though it was only $ 200 away from its highest price in the last 24 hours.

In fact, what is happening in the market today is still very unpredictable. In my personal observation, it is really possible from this month or before the end of this year that Bitcoin's value price will start to play between 40k and 60k at the beginning of 2024, which will actually remain and continue to bullish trend. This is what I actually see.

Let's really take advantage of the opportunity until we are not in a real situation where it will be really difficult for us to keep up with its rally when it starts running to move forward, and when this happens, as the value moves forward, the rise will be faster for sure.

So far we have reach $35,900, but as you have said, the magic number is $36k so it's just a couple of hundreds of dollars from now and the chances are very high is the positive sentiments of the market will continue.

I think it has something to do with the news that U.S. SEC Said to Open Talks with Grayscale on Spot Bitcoin ETF Push (https://www.coindesk.com/policy/2023/11/08/us-sec-said-to-open-talks-with-grayscale-on-spot-bitcoin-etf-push/).

So this is a very good news for us since we have been anticipating that the Spot Bitcoin ETF will be approved by the SEC. It's just a matter of time, and I will speculate that it's mostly next year just before or after the block halving.

Before this ordinals issue, I think Bitcoin will rally ro $40k before the trapping begins but with the resurging of ordinals, I think Bitcoin price rally might get affected.  We might see the price of Bitcoin going sideway while the issue about the ordinals taking place.  Unless someone is really pushing the price to hit $40k. 

While the ETF is giving vibes, the problem with the increase of Bitcoin transaction fee might overshadow this hype.  Hopefully, the problem with the ordinals exploiting the Bitcoin network fee stop soon so that the positive sentiment of the Bitcoin market grow even stronger.

Ordinal does not affect the price of bitcoin to rise, it only causes the network to become congested and expensive until now I see in mempool fees reaching $3 - $4 really implies this is hard for those who want to send small amounts because TX is expensive.

I think this ordinal is only a few moments maybe after the hype ends the situation returns to normal for the onchain network, as for the sentiment of the bitcoin price in November it is likely that we have to wait for other positive news, it could be that the price of $ 40K is very close, it's just that throughout a few weeks bitcoin has been sideways.

ETF news does not affect the cost only on the ordinal, about this ETF news will never disappear at least until next year.

With the current price of $35, 850 as at time of writing this, it's just $4,150 away to reach $40k and I don't think it's very difficult to archive that price. Based on my speculation, I believe that the price can surge to $40, 000 sooner than we can tell.

As of now , hours after your post the price reached $36,400 and still climbing means we cut that to 3,600$ waiting to finally breaking 40k , what I am concern is what will happen after that reaching?
will the price goes to 42,000$ in which the next barricade or will fell down again to 30's?
while we are waiting very soon to Bullrun and hoping occurs in 3rd quarter of next year managing to add more in our folio would be a big help .

I believe the price will most likely reach $40K this month, and I think the small price increase we see has quite a bit to do with this:

SEC’s first window to approve all 12 spot Bitcoin ETFs to begin today  (https://cointelegraph.com/news/bitcoin-etf-approval-window-sec-bloomberg-analysts?_gl=1%2a1ij5lgf%2a_ga%2aMTMwNTIzMjE5OC4xNjk3MzY0MDU2%2a_ga_53R24TEEB1%2aMTY5OTQ5ODgwNy4zLjAuMTY5OTQ5ODgwNy4wLjAuMA..&_ga=2.188796779.1509141634.1699498808-1305232198.1697364056)


The market is waiting expectantly for the long-awaited news.

Today the price of Bitcoin has risen again beyond $36K which is likely to go to $37K in the market, so there is a chance for Bitcoin to be at $40K this year if the current price increase continues. I was also quite surprised to see that Bitcoin was no longer difficult to increase this month when generally this year there is only more than a month left from now.

Now the increase seems to be faster and no longer difficult, I'm even confused as to why it continues to happen this month even though it has marked a price improvement that many people really want from previous months. Bitcoin holders should be quite happy about this price increase as the fruits of their patience have arrived and are clearly visible now.

With the rate of its growth, it might just be $45,000 or more before the year ends.  Patience in the bull market pays off. Very crazy market because just when I thought of buying back the ones I sold last weekend because I expected the price to dip, it continued to go up. Whales want the traders to get burned with their decisions.
It's only $4k to go to hit that $40k OP's target.

Who should be that Someone ? I mean who are you talking that can push the price to 40k$ because that would be a hard task
to push this that high and needs billions of dollars to succeed .
and is it possible to be a Single person or at least a group|
let go of the fee because mostly it does not long sometimes just getting in a week or at least a month(but that should be the longest weeks)
and also that ETF vibes seems to be around , though for years now that we are talking about this yet does not come easily .
_______________________________________________________________________________ ___________________
we are all rooting for 40k and above because others wanted to take chances selling their coins in highest form before
the dumping happens again because it is usual when before Halving (and even after) as the bull will approach the next on that .

This doesn't happen like in previous years, there is a lot of speculation saying that the price of Bitcoin at the end of the year will experience a correction, but now what is happening is very surprising, after having stabilized during a drastic increase last month and now the price of Bitcoin is slowly starting to rise again, with what happened makes me even more optimistic that in the future this upward trend will continue, $40K this year is very close, and it is quite possible to happen.

That's right, this is a quite dangerous time for those who hold Bitcoin, with what is happening making Bitcoin holders more confident or what I mean by that is without any feeling of panic or anxiety about holding it longer.
I felt it myself, and now I have quite a lot of faith and hope for this to continue.

Now it is true that many traders are disappointed after selling Bitcoin in the previous days, because reaching $40K is no longer a far target this month and it seems that market conditions are getting better with the continued increase in prices which makes sellers regret it. And it is likely that whales will also continue to come to the market to buy at higher prices so that the opportunity for traders to seek short-term profits through Bitcoin will no longer be achieved.

The market is in a state of recovery from red, at least the recovery started in October and according to the current state of the market it can be said that it is still surviving with quite good changes.
Now it is very possible for Bitcoin to reach a price of $37k because the trading price level at least when I made this post was $36,699.34 with an increase of 3.7%.

The accurate answer is whether it will last and will target $40,000. In my opinion, it depends on the circumstances without ignoring bad habits that can occur at any time. For now, the goal of reaching $40,000 is very possible.

Definitely the price can go up. So yes Bitcoins are looking strong to be honest. If this type of demand keeps on increasing, then definitely in order to maintain the demand, the price will go up. 40k is a reasonable price, which can be easily achieved if this demand is kept by the investors. So yes as we know that next year is the 4th year for new ATH price, so we can easily claim that we are approaching towards that.

With the speed at which the market is surging, $40k is attainable before the end of the month, and it might even go above $42k before it plunges to $30k. Although that's not certain, I am only making my prediction based on assumptions and partially looking at the price trend before the last halving, when the market was down, but after the halving took place, the price began to see an uptrend until we finally entered the bull market. Sometimes the history might not be the same, as there could be some slight or huge difference in price.

I think it's too early to talk about the all-time high basing it on the current price surge because we are still about 5 months away from the halving event, and we can only have some idea about how far the market can go after seeing the market situation around and after the halving event. In the past, the market used to start going up after the halving event, so the current surges shouldn't be taken that seriously as there can always be a correction coming our way.

So, it's always better to keep your hopes high but plan everything according to both situations because the market is highly volatile and we know it can move in any direction at any given time. It's looking strong right now, but it won't take much time for it to become weak and start dropping all of a sudden.

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.

Nobody forbids anyone about price predictions especially if it is possible due to many factors. Currently the price of bitcoin is trading above $37k which means it is only $32k away from the previous ATH. Anything is possible if bitcoin FOMO increases due to the approval of a bitcoin ETF, but conversely a correction is also possible for various reasons.

ATH before halving may occur if bitcoin ETF is approved. The market will receive enormous interest from institutional investors and other investors which in effect will only increase demand to such an extent that it results in price increases on a large scale. I'm not pessimistic about the possibility of such a scenario, but vigilance should also not be lost about things that are not desirable.

There are a number of things that contribute to Bitcoin sudden market reactions such as the recent price increase to the present state which has triggered a lot of reactions from market speculators who are speculating what the possible cause of the price pump even though Bitcoin halven is around the corner and that could possibly make Bitcoin price to react at any time.

Although bitcoin ETFs have been one of the sure sole causes of this recent price the reason being that,  Bitcoin started increasing in price suddenly after the news of the ETF announcement even though it was later discovered to be false news but Bitcoin has refused to drop from that price behaviour since then and up until this very moment

One step close with OP achievement target Bitcoin will raise to $40,000, yesterday almost happening depend Bitcoin current price raised up more than $38k and need $2k to completed mission target bitcoin up to $40k. I don't think its difficult target for bitcoin regarding with few percent left will raise higher price indeed current price now get correction. Actually not any one have accurate prediction will bitcoin easily raise to $40k or not but looking with demand and supply of bitcoin today its looks not impossible raising for that target.
Beside still have speculation about bitcoin ETF is approving or not and many whales try to makes it as good or bad news and bigger impact for bitcoin, last time when sharing fake news about bitcoin ETF is approving suddenly price up although few minutes later have down.

Probably. I mean this isn't something anyone could guarantee, we are not aware that how much of price increase will happen and when that will happen, however looking at the situation I could say that 40k is not that far away and could happen eventually. We need to arrange something that has to be done a lot better and considering the situation we are in right now, I will say that it is doing a lot better. I believe that we are going to face something that has to be a little different, and definitely something that's a little time consuming, but that's not that weird, we could see that change with time, we just need to arrange it a bit better.

I believe that we are not going to end up with something terrible, so we need to make sure that life is doing a lot better. 40K is something we could see happening at any given minute, and that means we are going to end up with a change with time, and should definitely increase the possibility of it happening with more time.

Probably and from the look so far it seem the 40k price is looking as reality as bitcoin is jumping around 37k/38k. I think the next level is going to be looking up to 40k. I don't expect drop to happen anytime soon or before that range where we are just starting the month and there have been spikes taking price up in the longer hours which is possible that it could be sustained for the month to run out.

Bitcoin might not find it hard to reach $40k because at the moment, bitcoin price has already reached to $37k and its even heading more to its higher price resistance. Thanks to the fake approval of SEC as it started the price of bitcoin to surge high which makes the market remains in a good position. However, we should not be overconfident about this because we all know how bitcoin moves in the market, it could surprise us in the least unexpected way.

But with this current market position, for me its obvious that we are going to land into its new price at $40k but most probably after that, we might see a market correction that may suddenly pull the price down which gives more opportunity to investors to buy more bitcoin while the price drops low.

Yeah we are already closing in on the 40k benchmark and with the current Bitcoin market trends,  it seems that we will arrive at that reality even before the week runs out,  and at some point, we may even exceed that said Bitcoin price at the end of the days if all things being equal and it goes well,  but my fear is what will happen to the Bitcoin networks congestion,  is it going to sum up all the gains through fees,  because in the last few days, we have experienced a lot of high fees for even a fraction of Bitcoin transactions and the meme pol has been highly congested at some point.

So the increase in the price of Bitcoin,  still trigger up a lot of negative feeling when it is done in direct proportion to the transaction network hype and fees increases,  this is why we all have not really been able to make long-term speculations on the Bitcoin price.

Because no one knows what the cause of the sudden price increase that is accompanied by network connections at some point.

I am hoping $35k will be the new bottom and $40k will be the ATH for this year.
It's not far, it's playing at $37k - $38k and I think it will just be a matter of time before it reaches your target. The only problem is, will it hold? That question is difficult to answer because of the Bitcoin volatility. We will never know what investors are thinking. But because of the recent good news that the SEC might be on its way to approve the Bitcoin ETF then expect that it can floor to just $35k and it won't go too deep anymore.
Fear of missing out, don't forget that. When the market emotion is in this state, many investors will just keep on hodling their coins because they are afraid that a chance of a cheaper purchase might not come again. Who knows? That might really be the case once the ETF is sealed in the market.

strongly Holding 37k today as we are typing , and I think that it will go more in the next coming days.
I also believe that before November ends 40k will be on our table and indeed that we are looking to have this momentum till December at least.
This is what I wanted to happen , to hit 40k and above then take the correction to make advantage of the situation because in this process the "Buy low Sell high" is what taking place .
hope that we are not being trapped this november at least.

Bitcoin would most likely get to $40k this year, it has already tested $35k twice which is a sign it can break any resistance at that point by the next testing, it has aswell had some recent forms of volatility that could possibly cause it's Move to $40k the it will further retrace back to about $32- $35k before the halving were it may further fall below that price.

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 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.

If we would really be having this small increments then touching $40k wont really be that a problem. Will it hold? This is something a question that cant really be answered knowing that this market is always been that unpredictable on which there's no way that we could really be able to tell on where it would be heading. Somewhat making use of these indicators on which it do really shows on where potentially it would be going,
it might not be precise but it is really that lot better compared on taking up some decisions or positioning without any basis on which we know that it is really that so hard to have that kind of
consideration when speaking about positioning, there's no such thing about easy speculative approach yet it is always been hard.

To those who had risks out on buying on 35k are already making profits considering that price had risen up.We are still on bullish sentiment or trend for this month but expect that there would
really be some corrections that might happen later on, not on end of this month.Well, its just guess considering that in every pump, there would really be always a correction.
Holding or not, then it would really be entirely be depending on the market sentiment.

That's for sure to hold, bitcoin already had all time high of $68,000 and now we are between the space of $36,000 to $37,000 which is a significant indication for the market to rise since we are coming from $15,000 dip, we are more likely to experience $40,000 between now and the end of the month while close to $50,000 by the end of the year and so on, we should know something about bitcoin being a digital currency that always have an increasing value no matter how volatile it appears.

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.

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.

It shows no signs of pulling back and that's why $40k by the end of the year is very likely.

If it's going to have a retracement that $25k-$30k could be the lowest at this point. But still, don't remove that thought that any price point is very possible to meet just as usual.

If we're going to talk about the bull run, $40k is going to be easy and we're just a few hundred from it. And as the halving occurs soon, we will surpass that and could lead us to go back to the price that we've met before like $50k-$60k and so on.

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.

Breaking 40K is still a big question now that we notice the sudden weakness of the bulls when reach the 35K area. We are currently on 37K and possibly reaching 40K in quick manner but I doubt that we can easily make 40K as support and aim for higher resistance since everyone is just trading because of the optimism on ETF approval which is still uncertain.

Bitcoin halving is still almost half year from now so I’m expecting more price action of correction rather just a big continuous like what happened before. I believe Bitcoin will always have a major correction whenever 30k, 40k, 50k and so on will be achieved.

Correction is inevitable and we should be prepared for it rather than surprised when it happens. I just checked the fear and greed index and it's still at 70, which is pretty high. That shows that the market is very optimistic and people are also very optimistic about ETFs, but this is not bull season yet so it is very normal for bitcoin to adjust, even a large correction.

I'm not pessimistic, but personally I'm waiting for a correction to happen so I can accumulate more bitcoin for myself. Many people would say that's not very wise because bitcoin is unpredictable, but I'm confident in my prediction.

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.

If the Bitcoin ETF is approved soon, the impact will be tremendous.
$40k will be an easy price to break, it could even reach the $50k area if the positive trend continues.

Just look at yesterday's hoax news issued by Cointelegraph, that alone could make Bitcoin break $30k very easily and now it is still holding at $37k + +.
Moreover, if the ETF is approved soon + the Halving that will happen, it will be mega-bullish, and the new ATH will be reached perfectly.

But, we need to be prepared for the unexpected or when the market is unpredictable and we will continue "BlackFriday" as a discount month for everything including Bitcoin.

I also had the same thought about Bitcoin prices after seeing good movements this month, which even I continue to believe that an increase in prices is still more likely to occur than a price decline that is too deep before the halving or before the Bitcoin ETF is approved. Currently Bitcoin is also starting to stay in the $37K area which could indicate that Bitcoin is really strong enough to make a more aggressive price increase if a Bitcoin ETF is approved this year or early next year.

Quick drop to 32? I don't think so.
Look how shallow were the corrections along the way like the one 2 days ago and the previous one from 36k. The market is expecting a lot more from bitcoin now that it's rallying into the bull market territory.
There confidence is there and most people are in accumulation mode at least until the halving. We're going to need some bad news to stop this, otherwise it's going to keep correcting and going higher wave after wave. Anyway, we'll see what happens at 40k and then 48k, but I'm not here for the short game. I'm here to see 100k this cycle.

True. I don't see it happening either but there are some chances to see Bitcoin making a flash drop in 35k zone and then going back to 37k because charts looks healthy and it looks like Bitcoin can hold this are without any problems. However, it will be hard for now to conquer the 40k zone but I still expect to see Bitcoin trying at least once before end of the year.  8)

If bitcoin keeps up the pace it began to get at the beginning of November, I predict that by the end of the month, it will have reached or surpassed the $40k mark(hands crossed).

The price of bitcoin has increased from $33k to $37,000 + in the few weeks in November, which shows a green candlelight to be observe in the crypto market. Given our speculation that Bitcoin may reach $40k to $45k before the year is up, it's possible that the $40k prediction may come true shortly.

Currently the price did dip to $36,880, perhaps it was due to weekends, but we will see. $36k should be a good re-test for us, to see how it's going to stand because in the last 24 hours, the drop is just above 1%.

But the confidence of the market has been building since October and we might continue this November. So we shall wait for $40k first. I'm also excited to see this price to be hit and look at how the market will react, will there be a sell off in preparation for the holiday or investors would rather not sell and delay and just let a few of them sold off. How time flies though, next year we will see bitcoin block halving again.

To reach the $40k mark, we only need like few thousands dollars and that is very achievable if the market sentiments would continue to be in the positive direction.
As people want to buy more, and so the demand increases. With the fixed supply of this currency, it can easily go up fast.
This is long time in waiting to reach this 30ish level. So the community has very positive vibes these days.
If we will hear more good news among big stakeholders, people will jump on this market that may create a very good price of btc before this year ends.

1 month is long enough for bitcoin to probably move to more than just 40k in my opinion, the market is sitting pretty at 36k-37k price range and I believe that bitcoin might be able to cross the 40k mark before December and probably the safest number to say that will hold until next year but I do hope that it's higher than that, I just hope that January is a good month for bitcoin even though I feel like it's not going to be given that January is a particularly bad month for bitcoin, I guess I have to save money so I can afford to buy bitcoins when January arrives and in case the prices will go down for real.

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.

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.

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.

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 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.

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
<a href="https://ibb.co/vHgknrj"><img src="https://i.ibb.co/NsQKBky/bitcoins-price-history-Final-2022-1ee18825fac544509c03fc3a2adfe4e9.webp" alt="bitcoins-price-history-Final-2022-1ee18825fac544509c03fc3a2adfe4e9" border="0"></a>

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.

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 .

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.

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.

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.

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.

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.
      

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.

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.
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.

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.

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.

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.

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.

$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.

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.

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.

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.

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.

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.

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.

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 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.

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[1] https://www.fxstreet.com/cryptocurrencies/news/bitcoin-price-eyes-50-000-says-analyst-btc-spot-etf-deadline-looms-202311140600

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.

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.

BTC + ETF approval, I guess that anything related to crypto ETF seems to be viably helping the market move positively.

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.

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.

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.

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.

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.

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.

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.

He may say bullish because from the price of $28K to $37K and it is approaching $40K but will never know to the limit of the level because the real is still difficult to break through and often times bitcoin has reached $37K always experiencing correction at this time.

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.

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.

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.

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.

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.

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.

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.

Really. The chance of a 10% bump to get to 40k seems doable, particularly with all the realistic forecasts going on through the end of the year.  Your upbeat perspective makes total sense, and I agree we probably won't plunge below 30k again.  The bull run you're calling could pave the way for new records, maybe even blowing past the last all-time high.

Increasing at a very fast pace and only 3k away from 40k, how does that became unusual? I mean bitcoin's nature is very volatile, It may drop and pump gradually or suddenly pretty unpredictable but not unusual.
And I don't think we have entered bull market yet, the price you're seeing are most likely an effect of the continued accumulation from investors who's looking to maximize their profit after the bitcoin halving. Everyone is well aware of the halving hype, so it has already been expected for bitcoin price to gradually pump, but that doesn't mean the bullrun has started. You'll see on the latter after the bitcoin halving on what a real bullrun really looks like.

We are not far from achieving that price benchmark for Bitcoin in this season and that for sure will come out at some point before the end of this year 2023 $40k price is not far from the present Bitcoin base price and on several note,  Bitcoin have made attempts to cross $38k price and if that happens at any point.

The next target after that becomes $40,000 which is just a 3% price increase from the present position.

The price increase used to happen good during the end months. Maybe the year end growth could push the market harder and help in reaching $40k at the earliest. For now the market is moving around $35k-$36k which we can expect to have hard push by the ongoing month end. During the vacation normally the price used to increase. Same time there is little expectation on the altcoins season, if that happens we'll experience the price reaching $40k getting delayed.

Talking about this year? yes seems to be the price will no drop below 30k this 2023 because there is a strong hold now above 30k limit.
breaking 40k is near the table  https://coinmarketcap.com/currencies/bitcoin/ Yesterday the price stands above 37k but sadly it  fell down to 36ish again but waiting to see it crossed 40k any time before November ends or in the middle of December .
also I was waiting for this to be taken in the middle of August but saddenly it didn't happen so happy at least its here now.

Currently the market position looks very good so we can say for sure that the Bitcoin market will reach $40k before the end of 2023. In 2023 the Bitcoin market was not very good in the beginning but gradually we saw a good growth in the Bitcoin market towards the end. We expect the Bitcoin market to grow even more in 2024, as we have already seen many investors predict. And since 2024 is our bitcoin halving year, we can expect the bitcoin market to exceed $45k before the halving. That's why we think the best plan would be to invest in Bitcoin and hold it for the long term.

We need to be very clear about what are our selling targets for BTC and what will be our plan of action if the price reaches 40K in few weeks times.

Will you sell the bitcoin at this price, if you see 40K tomorrow morning? If you are doing so, it means that you invested in Bitcoin for a short term, you got your target and you exited. Or you are one of those who knows that Bitcoin will reach All time high and even at 100,000 and beyond, but you are just selling in the excitement that Bitcoin reached 40K after more than a year , it may not sustain and it may dump again?

In this case, you are doing a big mistake. If you came here with a vision to see when there is a bull market and take full advantage of it, exiting at 40K shows an immature decision.

In cryptocurrency there is no guarantee neither of decreasing prices nor of increasing values. Everything is possible in crypto market sometimes a person will win and sometimes a person will loss but there is a predication about halving in which all those person who hold bitcoin will definitely be in profit if halving become sure.

We are not far from 40k$ because there is a little gap between 37k$ and 40k$ so price can reach to 40k$ in recent year. There is no information that when will halving ends but those will be wise who understand the higher price soon and sell their bitcoin because as soon they sell bitcoin during halving more they will be profited.

We are all open to speculation. Personally, I think there will be a temporary price increase in January-February, it will be around Lunar New Year. This actually happened in previous years as well. I think Bitcoin also depends a lot on changes in the economy. Bitcoin's consolidation trend will also occur when synchronous impacts occur. Anyway, if bitcoin reaches 40k and maintains the threshold in January, it is also a market opportunity. It is a new launch that opens the next cycle.

Bull season isn't starting but bitcoin price seems to be bullish already, one thing that we should be happy about. However, even if its 3k or 4k away from reaching $40k btc price, I'm still not highly confident that bitcoin price will easily reach that certain price. This has happened already in the previous years, and when we think that bitcoin price is very close to its price destination, suddenly the market turns upside down and end up seeing bitcoin price in a very bad situation.

The only way that I'll be highly convinced that bitcoin will consistently increase its price is when we start seeing the real bull run. Of course, I'm still very optimistic that bitcoin will still achieve $40k, but the time is still uncertain.

There are many who can say that it will rise to $40k and at a higher price, nothing is written and things can happen however they want to happen, but what can happen is that things in the market are ready to rise in price, in bitcoin I'm only talking about bitcoin, because with shitcoins I don't know what their situation will be like. I'm an optimist and a bitcoin maximalist? Maybe so, but I don't care, because I'm sure it will happen to something good, and it could be this week or the next, maybe next December, we don't know, what we can see is that some say that they predict that the dollar will fall, that the bticoin will rise to more than 100 thousand USD, and others think that it is not like that, I don't know , but there is Take advantage of this moment to Buy.

More here:


Source: https://coinpaprika.com/news/bitcoin-approaches-a-critical-price-level/ (https://coinpaprika.com/news/bitcoin-approaches-a-critical-price-level/)

There is no need to talk for the sake of talking, here you can rely on some articles.

The price of 40k Bitcoin does feel like it is so close to coming. But now we are going back from 36k to 37k and we have not seen a price of 38k in this 'bull run'. But I do think it is going to happen at some time now even if the ETF does not get approval.

I think when we do hit 38k then we will see some big profits even more than 40k. This month it was lowest price of 34k and we have not seen 33k since last month.

BTC will still experience sideways at least until the end of this year, we have seen an increase since October and November. Most likely in December there will be a fairly deep correction, then at the beginning of the year it will slowly rise again. At least that is the picture I can give for now.

This picture is still uncertain even though there are some people who are starting to speculate like that on Bitcoin prices at the end of this year. Actually, I also still believe in Bitcoin's price correction in December, but I don't imagine that the correction will be too deep for Bitcoin because as long as there are still many people who want to hold Bitcoin at the corrected price, I think the level of correction will not be too deep and not will take too long on Bitcoin.

Yeah, speculation at the end of the year is around $40k-$50k. And it seems that we are in target, current price is $37k, so just 3k of the initial target and I think is can be done. The market is already bullish in the last quarter of the year, it started in September and then October we had a good bump on the price.

So I don't see any correction, although it is still possible. Just like we have the news on Binance and CZ debacle on SEC, however, the market didn't move negatively although that is a huge news for crypto as CZ's Binance is the top exchange right now.

Perhaps investors knows that it's better not to sell and just continue to HODL and simply accumulate as we are nearing the block halving.

Price keeps bouncing amidst unexpected news coming out of the market. However the bitcoin market is moving on its track. Those incidents at times disturb the market and further it moves between specific range. For now the movement is between $35000 and $37000. Soon we can expect the resistance to be gained for a big push. As predicted the price will surely be $40000+ by the year end.

The 40k-target is not difficult to achieve. So the probability of reaching this level is high in my opinion.
We can even see this before this month ends or next month. But ask yourself, what do you think you need to do to take advantage of this opportunity?
While we are in this range and not yet above 40k, do you think you can still accumulate more before the market starts to rally?

If bitcoin surpasses $40k within this month, should we be happy or sad? Because once bitcoin surpasses 40k USD, buying bitcoin will be even more difficult, so I think we should take advantage of the time to accumulate bitcoin better instead of waiting. When I think about bitcoin reaching $40k, I really don't know whether to be happy or sad. Happy because my investment over the past 2 years has started to make significant profits, sad because I can no longer accumulate bitcoin at cheap prices.

It's true that time waits for no one, we should make the most of it. I also predict that $40k will soon be conquered by bitcoin this year.

Have bit problem for bitcoin raised to $40,000 regarding last day Binance founder CZ faced problem with SEC Commission and he sacked from his position and replaced by Richard Teng as new Binance CEO manager. Yesterday when bad news with CZ, bitcoin drop almost to $36,000 but today have good moving and bitcoin raised up again to $37,000 above. I sure BTC target $40,000 its not really difficult although have bad news yesterday still not huge impact and price keep going up until today.

My prediction, bitcoin will raise to $40,000 at the end of this year exactly close halving will make it easy for bitcoin raise with that target price but Binance not face new problem any more with their new CEO manager. Don't repeat the same mistake made by CZ and difficult when facing SEC will make bad news bitcoin will drop drastically.

because the halving era is still quite far away and what you say could happen and be prepared to accept the fact that there will be another correction before it increases next year. Always being alert and optimistic is of course okay.

btc opened at a price of 38k earlier this month, there are still 30 days left before this year ends, but if you look at the current conditions the bitcoin daily chart shows it is stable and tends to rise, can we see bitcoin reach 40k for the first time this year.
I think if that happens it will go straight to the 45k increase.

I tend to be more optimistic when I see market conditions continuing to improve like now, because I see that the price of Bitcoin today has almost touched $39K, which means it is very close to the price of $40K. So if this December can continue to improve like now, I think Bitcoin could exceed $40K by the end of the year because an increase in prices like today could make more people feel optimistic about market conditions and Bitcoin and other cryptocurrencies too.

I'm pretty sure that everyone will be able to see the price of Bitcoin at $40K within this year if the current increase continues to occur steadily in the market. Because an increase like now can also make more people hold Bitcoin and not immediately sell it even though they have seen profits in their investment so far. So it is very possible to see a price of $40K if the price increase continues this month because every price increase always takes time so I don't think that Bitcoin can go straight to $45K this year.

Now we are already on the start week of December on which it did really start on some green candles and the fact that we are really starting to see on Bitcoins price on trying to reach 39k on which we are really that hear on 40k would be anytime soon but of course it would really be anticipated that there would really be a strong resistance into that point on which i wont really be shocked if there would really be some rejections into that
level but of course not everything would really be so easy and everything would really be taking up some time. For now lets just cherish the moment specially into those people who had been able to get in
into those low levels on which the current price is climbing upwards on which it isnt really that bad on taking up profits as of this moment.

Will it hold? there's no one could really be able to do so if we do speak about future events or happenings because future isnt something that could be known and this is why
it is always been considered to be speculative. We dont even know if there would be some massive corrections once we do hit 40k or 50k and so on..
This is why it would be wise that you should really be always prepared.

I expected the correction as well, but no more, it seems we are in a full bullish season and Bitcoin might continue to rise higher without any meaningful bearish movements. The truth is that Bitcoin is a very promising asset at this time, everyone is trying to own their bit of the coin and, the fact we are very close to the halving season where much of a post-halving effects could cause people to multiply their return on investment, die-hard investors are buying Bitcoin and are not moving out their money to avoid missing out such as it happened to many in the past. People are ready to commit their money to Bitcoin and not look back for the next 1 year, and because of this, Bitcoin will not make a tangible bearish movement. It may try to sell at times to adjust itself based on what its fundamental and technical analyses are saying, but in the end, such movements will never be sizable just as we have seen since October.

Also, technically, the coin has established a third consecutive bullish candlesticks on the monthly chart and a reason that is making it to even be more higher in price today, which is the chart of the month of December. I can't but be doubting in my former analysis that Bitcoin would not hit $40,000 again this year. This is increasingly getting more possible day by day and I believe that the coin could still hit an unexpectedly higher level this year. Who knows what this could cause negatively for the halving of 2024.

I don't know whether this increase is natural or not, but based on history, BTC should experience a decline in December, or whether we no longer depend on history because many parties have entered the market.

The price of bitcoin shot from $38,800 to $39,400 like it won't take long for bitcoin to soon touch $40K maybe tomorrow or tonight because the chart continues to show positive signals, see bitcoin looks like it will continue in the upward direction to touch the highest price this year.

We will soon see $40K in the near future.

This may be due to the ETF trend that is still going on until now, there is even a discourse that it will be approved in early January, maybe because of that effect because of the increase in bitcoin and now it is a significant increase.

Of course, we are almost there and $40k will become a reality in December. Bitcoin moved well past $39k some time ago which previously failed to penetrated at last month, but due to the large number of sell-offs the price fell slightly even though it is currently still around $39,300.

Market conditions look very optimistic about a $40k hit in the near future, could be today. But some assumptions say that December has the potential for a correction that might test the $35k support level. ETFs are one of the factors that can influence the current market, but this hype is expected to last longer even though there is no certainty that it will be approved. Let's wait to see what happens in the hours before market close today, but we are only $700 away from $40k.

Current price: 39,520$, so yeah, just $500 and we will be in the $40k mark for the first this year. So it's really exciting for us, specially those who have been holding it for a year at least. And you just have to think about it, no assets in the world can give you a huge profits in a year, a 100%++ jump.


So let's wait, if it is done today then good. However, it's somewhat weekend for us, so I expect a huge push this Monday, everyone is refresh coming for the long weekend. With that, we already have the patience for a year, we just need to be confident that next week $40k has been broken by the bulls and so the sentiments will continue up to next year.

  Right now, if I look at the price value of Bitcoin, we are almost at 40k. With just a little movement a few hours from now, it is possible that it will be at 40k plus this day.

  So it means that it is quite possible to reach $50,000 or more before the end of this month of December 2023. We still have time to save; just take the chance. As long as we still have time, to be honest, let's take advantage of DCA as of the moment.

$40K will be reached soon, most likely this month. Currently the price of Bitcoin is around $39,400 , meaning that even a small-scale price increase is enough to penetrate $40k. Apart from that this positive trend also looks very strong, so I'm sure not only $40k but even $45k will be reached this month. For me at this time there is no such thing as selling, there is only buying and hold.

I’m not sure if this is related to Bitcoin miners, but as you can see now, your forecast of a price of $40,000 turned out to be almost prophetic (~39.500$). What’s more interesting is what will happen to the price of bitcoin at the end of the month/end of the year and whether New Year’s sales will cause another drop bitcoin's price.

Now it is more likely that the demand for bitcoin has increased (the law of supply and demand has not been canceled), which pushed the price almost to the $40,000 mark.

What does your analysis say now? What will the bitcoin's price be at the end of December?

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.

The speculative allure of trading the big numbers.   We are here finally at 40,000  took the whole year but it has arrived.   With all the numbers lit up on the scoreboard do people take profits now, its completely arbitary but absolutely possible that is what occurs now.  
   Personally I do not rate the power of round numbers, it can be underlined as obvious nonsense in the bigger picture but near term it can be a thing to trade in a fairly concrete way.   40k could be the top for now, this week or even the month we could trade lower from here in larger or small part drift downwards.
   I'm interested if this big number effect is still alive and for the moment thats what Im looking at going from weekend trade into working weeks leading upto the holidays.

Bitcoin just crossed $40k off a 24hrs high and its currently sitting at $39,900+ very close to $40k. Some short traders may have sold on the $40k mark, but I'm not sure if it's worth it as bitcoin may not be able to pull back as far as below $35k at this current rate. Most people are now bullish especially with this most recent one. So, yeah most probably bitcoin will come after $45k this month and will probably close out at near $50k .
There will still be selling that will take place as we see a gradual increase, but the buying portion will be stronger this time with just a couple or more months left before the halving takes place. Another thing to look forward to is the post halving price.

It has been broken already, and as we all know, whole numbers is hard to break, but once we got t here, going to be smooth. I mean just look at the price already, $41k without hinting of stopping at any point this December.

So yeah, as expected or at least what we have predicted when we just starting this year, $40k-$50k. And it seems that we are in target with that price. First week of December and we have this spike already. Expecting more good to happen this month of December and maybe $50k at the start of the new year 2024 and then preparing for the block halving.

now it is more than 40k mate instead running to go above 45k because as i am typing the value goes up to 44 thousand dollars so yes that can cross more in the coming days.
 possible ? of course mate look at how it runs now but I believe that if go above 50k  then the market will be far moving from the past years .
because this will be the first time (at least to  my knowledge)that before the halving year that the price hits another high ups in December.

In 3 days Bitcoins are already up by 3-4k usd. Now we are really looking strong at the markets. This only proves that as predicted the price will really go up and touch new ATH price in 2024. Hence we need to keep on accumulating the coins in order to yield maximum profit. Last time Bitcoins were at 69k usd, so this time definitely the price might rise up to 75k usd. So if we buy Bitcoins at current price, then we have the chance to make twice profit. Hence, I would continue buying the coins irrespective of the quantity I can afford.

We are in period in the market when the market structure and time has started to agree and will we likely see things even move faster than we expected, as we approach Bitcoin halving season and this is why the moment we hit $40k,  it didn't take the market much of time to reach the current price of $44k ,and next year we may likely see Bitcoin start to do an increase in price of about 2k, 5k-10k in a single day. This is likely the last days we will see Bitcoin in such Cheap prices henceforth.

As we are expecting very good upper targets with Bitcoin, I still implore that we be careful about this, especially if we are trading it. If it's investing it, it's better, nothing will happen as Bitcoin is set to reach higher levels over time, it might only take time. My advice is important since I see some temporary bearish signs on the daily and 4H charts of the coin, and this might pose a threat to the position of the buyers.

The fact that the coin has been going upward for so long does not mean that it doesn't have the right to retrace, it might do this at any time which is why it's good to use our charts as the guide for us to know the time to buy and liquidate our positions appropriately. Some traders could even sell temporarily to make money, all it requires is to know how to read the trading chart very well. I believe that Bitcoin has however locked the $40,000 already, the level that was much anticipated for it to reach before might now be the support level that traders are watching at this moment. This is another reason that Bitcoin is strongly bullish and if it would sell at all, it might not be much. Nonetheless, if it breached below $40,000, it might continue selling further than thought.

Let's be watchful at this moment.

There are still several months from bitcoin halving, so still we can save and accumulate as much as we can before that activity. But the push could be coming from those who thinks that there is that approval coming already. I'm talking about the Spot bitcoin ETF regardless of who is going to get the approval first.

And with that, I think everyone should be still buying at this point as you have said, approval and then the block halving could be the catalyst for the biggest bull run that we are going to see next year till 2025. So we shouldn't missed this great opportunity right now.

As whether the price is going to hold at $40k, yeah I believed it will till the end of this year and it could even go higher.

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.

We have seen that the impact of the first week of December's increase has exceeded my predictions, the market is getting closer to the $45k target predicted last month and we are surprised that the $45k milestone can almost be achieved in the first week of December, I thought the market would maintain the increase until the halving period but we don't know what facts will happen in the future, I hope there is no negative news that will impact the correction high and the market can predictably close prices higher than $50k this month if assessed from the significant increase in the last few weeks.

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.

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.

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.

The market price will not be corrected by half of the price of $40k, I think that prediction will not be possible in the current market conditions, even though the market is currently being corrected but the market is in a period of positive support to rise before the halving, I think we don't need to speculate excessive in the current correction conditions because the crypto movement pattern is always a low correction after a significant price increase, I am optimistic that the market will close the increase above $45k by the end of the year and the market will increase significantly in Q1 next year.

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

Before the year ends, the price of bitcoin reached $40k, and it continues to rise above that level, showing no signs of dropping below that level before the year ends.

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

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 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 hope so, I have seen articles that say that it is possible to make an upward movement, but there is also a small correction bias that can affect the investors' emotions, but it is something normal in every market, I could say that in the Markets these events occur and the scenario that everyone is looking for and wants to happen can occur, but I would make sure to buy all the bitcoin that I can, and if the price goes down, it doesn't matter, I would continue buying, because that's what it's about, investing in bitcoin will always be the best anything that can be done in the world, there is no doubt about that.

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 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.

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.

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.

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.

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.

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