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Author Topic: Will it Hold? BTC Targets $40,000  (Read 1232 times)
erep
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December 17, 2023, 09:50:10 PM
 #181

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.
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.

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December 17, 2023, 10:11:10 PM
 #182

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

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JoyMarsha
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December 18, 2023, 11:16:28 PM
 #183

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 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.
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

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TimeTeller
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December 18, 2023, 11:23:57 PM
 #184

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

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.
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December 19, 2023, 06:53:28 PM
 #185

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

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

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December 19, 2023, 07:09:32 PM
 #186

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

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.

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.
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December 19, 2023, 11:57:26 PM
 #187

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

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.

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.
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December 20, 2023, 01:49:38 AM
 #188

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.

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irhact
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December 20, 2023, 08:46:47 AM
 #189

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

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.

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December 20, 2023, 01:53:59 PM
 #190

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.
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.

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December 20, 2023, 03:21:33 PM
 #191

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.
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.

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December 20, 2023, 05:18:39 PM
 #192

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.
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.
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December 20, 2023, 05:39:10 PM
 #193

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
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