Bitcoin price stay above $40000?

[DU18]

I hope it will stay above 40k$, but if it goes down theres nothing we can do we need to hold or else we will loss golden rule is never sale at loss holding is the most important in crypto, if you don't have a strong hands to hold then do trading daily to avoid losing holding really needs a big patience.

The market is starting to look quite stagnant today and obviously this poses a bit of a mystery where the price will return to, the current high inflation has a significant influence on bitcoin price movements in the market, bitcoin which is currently at $40K price resistance is still a big chance to experience a downward price correction, so I think it's better for us to hold on to the bitcoins we have right now while waiting and seeing where the market will go.

[Raflesia]

I hope it will stay above 40k$, but if it goes down theres nothing we can do we need to hold or else we will loss golden rule is never sale at loss holding is the most important in crypto, if you don't have a strong hands to hold then do trading daily to avoid losing holding really needs a big patience.

the previously formed support line was $43k but what happens is that the price continues to move downwards and currently the bitcoin price is stable at $40k. and now it looks like $40k has become the new support as the price has been stable for a long time. Seeing this condition I think in the next few days the price will move up again.

The market correction is still happening but if it becomes a support point at $40k I haven't determined the price will go up it could bounce down if there is no possessive movement, then I'm not here to do daily or short-term trades this is very vulnerable for me if not do the right analysis, it's more appropriate to hold on patiently because the reflection on the bitcoin price will definitely be seen again, we can only hold on how strong we will sell at the highest price at that time.

[buwaytress]

That might be the case, but you can't really blame those who are going to sell because of panic and then pushing the sell button and realized that they might have wrong. But they are too emotional to follow the sentiments to dump.

So it's all about the timing of your sell and buying. For sure there is room for regrets, selling early and then the price goes up, that's the nature of crypto for us. We don't know what's going to happen next. The best thing is turning that regrets to experience and not make the same mistakes again.

Nah, not always. I have been guilty of that actually in the past, used to really time my trades (I have to sell regularly to pay for shit, you know how it goes) and yeah, I won some, and lost some, probably a little bit in the black but for all the time I spent and worrying, I just keep my timing to a week at max, no longer weeks or a month as in the past.

It's applying the same philosophy of DCA. Just spread your risk, you'll always end up on top (and save yourself a lot of time and hassle and worry).

[Reatim]

I am been having doubt recently that the price of bitcoin may not stay long above $40000, it is like the market is full of bears than bulls or maybe the bulls have become bears for this time until the next bull phase. Bitcoin increase some days ago above $45000, it decreased back to $41500, then increase again yesterday to $44500. I have predicted that if the price do not touch $45000 and above for now, that it is possible the bears will dominate and which is happening. Since yesterday, the price of bitcoin has slightly been on the decreasing side.

Everyone is expecting bitcoin to get to $50000 again, but I am thinking this is not possible for now, I know the price will increase above $50000 but I think it is not now. But what I am mostly thinking about right now is that will $40000 be a support for bitcoin or will the price still decrease further again making it to touch $30000.

Just this month alone as starter for 2nd quarter . Bitcoin value drops multiple times bringing it bellow 40k though ot recovered eventually but the  essence of this post had been bridged as the price did not carry staying on that level.
But its thankful that even there are dumping happens it made still going up and to the top indeed.
More happenings to cone but i will remain confident in bitcoin positioning this year.

I hope it will stay above 40k$, but if it goes down theres nothing we can do we need to hold or else we will loss golden rule is never sale at loss holding is the most important in crypto, if you don't have a strong hands to hold then do trading daily to avoid losing holding really needs a big patience.

40k resistance level is considered important during this period, if Bitcoin is not maintained at 40k and falls below 40k perhaps the market will have a strong dump maybe 35k$ before Bitcoin dropped to 30k. Sometimes the market falls, we only hold and wait for the market to rise again, but if it is a wise investor when the falling market will be a great opportunity to own Bitcoin at cheap prices.

Multiple times that Bitcoin had already fall below 40k , just yesterday it did but maintaining to come back in 40k.

[kapalmabur]

according to technical analysis, the Bitcoin price has indeed broken out and should be above $40000 in the next few days,
so hopefully there will be no bad news in cryptocurrencies, especially about Bitcoin,
currently it is still at $41000 and there is potential for resistance to $42000,

[Frengki_cisco]

Everyone is expecting bitcoin to get to $50000 again, but I am thinking this is not possible for now, I know the price will increase above $50000 but I think it is not now. But what I am mostly thinking about right now is that will $40000 be a support for bitcoin or will the price still decrease further again making it to touch $30000.

I also hope that this year Bitcoin can break through to $50k or $60k, I have some Bitcoin collections that I bought a few weeks ago, I have no intention of selling unless the price can be as I said.

I like reading speculations here for future developments.

[Dhaniii]

Everyone is expecting bitcoin to get to $50000 again, but I am thinking this is not possible for now, I know the price will increase above $50000 but I think it is not now. But what I am mostly thinking about right now is that will $40000 be a support for bitcoin or will the price still decrease further again making it to touch $30000.

I also hope that this year Bitcoin can break through to $50k or $60k, I have some Bitcoin collections that I bought a few weeks ago, I have no intention of selling unless the price can be as I said.

I like reading speculations here for future developments.

everyone wished bitcoin could break the new ATH again and it did. but all this requires a strong push from various aspects so that bitcoin can penetrate the new ATH again. but unfortunately lately bitcoin is getting little support from various investors and bitcoin is still holding above $40k. whether bitcoin will continue like this until the middle of this year or will there be a positive impact so that bitcoin can penetrate the best price this year.

[arufox]

I think this time bitcoin broke through the important level above $40k, currently bitcoin is being supported by an uptrend. we will see Bitcoin will retest to resistance at $45k. Therefore, if the uptrend support and resistance to the Bitcoin bull flag breakup continues, it will rise again to the price of $48k-$50k.

[kotajikikox]

This thread should be locked down because OP's prediction isn't going to happen because obviously Bitcoin price did  drop below 40k several times after this thread created so this is a failure question .

But asking for the whole 2022 position of bitcoin? then I think 40k will be the basic level till this year ends.

I think this time bitcoin broke through the important level above $40k, currently bitcoin is being supported by an uptrend. we will see Bitcoin will retest to resistance at $45k. Therefore, if the uptrend support and resistance to the Bitcoin bull flag breakup continues, it will rise again to the price of $48k-$50k.

Uptrend? from almost 42k last night now dropping almost below 40k again?

according to technical analysis, the Bitcoin price has indeed broken out and should be above $40000 in the next few days,
so hopefully there will be no bad news in cryptocurrencies, especially about Bitcoin,
currently it is still at $41000 and there is potential for resistance to $42000,

More days passed yet ? now bitcoin stays low and you can check it here.

https://coinmarketcap.com/currencies/bitcoin/

38k level ? bad to see ..

[TravelMug]

^^ And then just like that, bitcoin is back to $40k and above.
Not sure what causes the sudden spike again, because we wen't down as low as $38k but in less than 24 hours bounce back with a 3.6% increased.

I just think the bears are not going to give up that easily and wanted to defend the strongest line at $40k. So it's good for us to end this month at least above that price.

[Wiwo]

If you have studied the Bitcoin market chart recently you will see that Bitcoin has been showing a lot of market sentiment lately and this movement has shown a lot of inconsistency in the price of bitcoin time Bitcoin presents a bear market sentiment and another a bullish momentum. We all saw how Bitcoin made a $2k gain selling at $42k or above that was a bull attempt but it did not stay long before the price pulled back to $39k and gradually climbed to $40k at the moment.

[Kadal Ijo]

The price of $ 40K has lasted almost 6 months and in my opinion this is the longest time when the price can be achieved, but there is a positive thing that we pay attention to that is when the price drops below $ 40k, there will be a large volume of purchase so that prices can return to $ 40k, Hopefully prices can skyrocket again.