Bitcoin gradually clinching to $40k

[jademaxxiss012]

Wha happen to bitcoin? Do someone really like it to reach 50k$ per bitcoin? I was waiting that someday it wi going to collapse but it did never happen and that bitcoins keeping getting into bullish. I am not sad but not happy as well because it will be very difficult for bitcoin to revive after it reach that market price so high. When it falls bouncing back may find it difficult and hard to achieve in the future.

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[dansus021]

i hope the bicoin keep rising up and also the altcoin espesically idena hahah still wait the price correction

[maydna]

i hope the bicoin keep rising up and also the altcoin espesically idena hahah still wait the price correction

It will still rise soon, but unfortunately, we will also see the price will get down for a while, and I think we already saw what happened to bitcoin a few days ago. But to reach $40k, bitcoin will need more time, but if the supports can come to the market, it will increase the price. And now, the bitcoin market is rising to the high price, and gladly, the price can break $35k, and the price still increases more. I think the price will be at this price level for a while before it starts to reach and break $36k.

[LogitechMouse]

In recent time we have seen bitcoin constantly increasing in price and at the moment bitcoin price is $32,390 which is a record breaking. I believe before the middle of next week we are going to see the new all time high of $40k, what is your take on this?

Right now Bitcoin is at $35,000 already.
$40,000 can be achievable if Bitcoin will continue its price movement in the next weeks. Bitcoin is moving very rapidly that people can't cope up into it. We see Bitcoin doubled already from $17,000 to $34,000 in less than a month so $40,000 can be reached if holders will not take profit at the $35,000 price.

I'm quite surprised with this parabolic rise to be honest and many didn't expect this to happen also. My previous prediction last year is $15,000-$16,000 but it didn't happen and it doubled. Many are happy with the current price movement of Bitcoin and the crypto market however, we just need to be vigilant and always ready for the worst case scenario because anytime the market can go down like what happened in 2018. All markets need a correction so just be ready if that happens.

[Lorence.xD]

It's pretty much possible if we looks at the pace with which Bitcoin is growing but we need to consider volatility factor for long term plans. We are happy that Bitcoin is unstoppable and more institutional investments are pouring in and users like you and me who are investing as well in FOMO is also playing key factor in supporting the pump by creating a resistance level. I think $40k is not a big deal as per current market standings.

The pace of growth is exponentially faster than the last time that it reach this kind of peak, with the current institutional investor rallying in the market, I think the volatility is a little tamed. I have to disagree about 40k not being a big deal, this is a new record if it ever happens and for any price higher than recorded ATH, I think that it is a big deal.

[Walterhank]

We will soon see bitcoin reaching the $40K mark and maybe $50K by the end of this month. After reaching $50K if we continue to HODL then the future is good otherwise I'm not very optimistic about it given the people's behavior.

[michellee]

Wha happen to bitcoin? Do someone really like it to reach 50k$ per bitcoin? I was waiting that someday it wi going to collapse but it did never happen and that bitcoins keeping getting into bullish. I am not sad but not happy as well because it will be very difficult for bitcoin to revive after it reach that market price so high. When it falls bouncing back may find it difficult and hard to achieve in the future.

Bitcoin is increasing now
I like this moment, especially if the price can increase fast to $50k. I am sure people are waiting for this pump so that they can make a profit from the bitcoin. But you can prepare to wait for the down because after this high peak reach, the price will be back to the low price, and that will be your time to buy bitcoin again.

[ice18]

$40k is imminent IMHO in just 2-3 days from now we will see new ATH again I remember last week almost everyday we saw new ATH which possible to happen again this week the correction is almost -25% and easily recovered in just an hour yes thats how strong the bull right now all dip will be eaten so fast that you cant even imagine lol.

[bryant.coleman]

$40k is imminent IMHO in just 2-3 days from now we will see new ATH again I remember last week almost everyday we saw new ATH which possible to happen again this week the correction is almost -25% and easily recovered in just an hour yes thats how strong the bull right now all dip will be eaten so fast that you cant even imagine lol.

Whatever excess supply which was there in 2019 and first half of 2020 has vanished completely now. After the third block reward halving market was starting to experience a supply crunch, which has reached critical level now. The only risk factor right now is some regulatory action form the SEC or the FinCen. If there is no such negative action from the regulators, then the path towards 50K should be very smooth.

[AniviaBtc]

"ANYTHING IN POSSIBLE!!!!!" -KEVIN GARNETT

Bitcoin already proved to us that it is really the best cryptocurrency asset to hold in the long run.

I know that some investors already sold their bitcoin at a price of $30k but those people who are having faith on bitcoin will wait for its price to reach a $40k milestone.

And I'm one of those investors who are waiting for that price to occur in the market.

Bitcoin can really be the hope during this financial crisis that we are experiencing due to the pandemic and this bull run will surely recorded in the history of bitcoin.

[Janation]

I think we can do it.

The price of Bitcoin is still going strong and I don't think it would just fall. We can still go further and I think $40K is the next ATH we are looking for, if it keeps pushing I think we will still be seeing new heights at $45K or $50K. The last time I checked the price, it is at $35K, right now it is at $33.9K, it just fell $1K that quick.

[Silberman]

When the price actually struck at 20k usd, a lot of speculators speculated (you see what I did there   ? ) that the price won't reach 30k anymore but even after all of those  guesses, the price still went upward and hitting 30k, I don't think it'd be a bad idea to hold it up and don't mind these other speculators that the price may go down,  but it's definitely up to you if you want to be sure of getting the profit or lose profit if the value suddenly goes down.

It is the same old story all over again, when bitcoin reached 1k once again at the beginning of 2017 many people thought that bitcoin will either crash or at most reach 2k and bitcoin went up and reached 10x that value, and while I do not expect to get that kind of growth ever again, I really think we are going to see bitcoin going up faster and higher than most people though it was possible, 30k was not only possible now it is the new floor which means 40k could be just a matter of time and we could leave it behind just as we have left behind the 30k level.

[serjent05]

When the price actually struck at 20k usd, a lot of speculators speculated (you see what I did there   ? ) that the price won't reach 30k anymore but even after all of those  guesses, the price still went upward and hitting 30k, I don't think it'd be a bad idea to hold it up and don't mind these other speculators that the price may go down,  but it's definitely up to you if you want to be sure of getting the profit or lose profit if the value suddenly goes down.

It is the same old story all over again, when bitcoin reached 1k once again at the beginning of 2017 many people thought that bitcoin will either crash or at most reach 2k and bitcoin went up and reached 10x that value, and while I do not expect to get that kind of growth ever again, I really think we are going to see bitcoin going up faster and higher than most people though it was possible, 30k was not only possible now it is the new floor which means 40k could be just a matter of time and we could leave it behind just as we have left behind the 30k level.

Indeed it is a matter of time.  At the current event, the Bitcoin market is very enthusiastic and the $40k is almost at hand.  If the market sentiment is maintained and FOMO keep on triggering, it is even possible to reach $50k  in a shorter period of time.  But the thing with cryptocurrency is that one bad event/news is enough to crash the market.  I hope we won't be hearing any pro-bearish market news any time soon.

[Nikole Fischer]

In recent time we have seen bitcoin constantly increasing in price and at the moment bitcoin price is $32,390 which is a record breaking. I believe before the middle of next week we are going to see the new all time high of $40k, what is your take on this?

Yeah, I'm sure that this week we'll see a new Bitcoin price of 40k. It's a historical moment!!
I expect that at the end of August the price of Bitcoin will rise to 100k.

[johnnathanexo]

Considering how strong Bitcoin is going it is very likely for us to witness that number this month. Institutions are buying bitcoin and more and more people are going to exchanges. It may hit $40K by the end of this month.

[cryptomaniac_xxx]

Considering how strong Bitcoin is going it is very likely for us to witness that number this month. Institutions are buying bitcoin and more and more people are going to exchanges. It may hit $40K by the end of this month.

But it doesn't make sense if people are going to exchange it right? would rather put my bitcoin in my own wallet that I can total control. But hitting $40k is also just around the corner, there is no stopping this bull run that a $40k jump I would say is imminent in the next days or within this week. Bitcoin has been smashing those whole numbers like a butter, $20k, $30k and soon $40k.

[pinggoki]

There's no doubt that the bitcoin is currently going up right now and it breaks the ath  and currently in the price of $35,000 I am thinking that it may also hits $40,000 right now in which it will double the ath for the past years. If this happens then it will become an historical peak of the bitcoin. Can't wait to see that happen this month nor year.

[shaghayegh7496]

bitcoin is rallying veryyyyy rapidly
i cant catch it 

[Lordhermes]

Yeah, I'm sure that this week we'll see a new Bitcoin price of 40k. It's a historical moment!!
I expect that at the end of August the price of Bitcoin will rise to 100k.

Bitcoin value should have been dumped by now while still keeping some investors in a confused situation whether to buy now or later, this price is getting closer to $40k while it keeps going, the bull run is already occured for Bitcoin and steadily approaching for alternative ones.
Imo, August may be the month of dumping the value of Bitcoin if actually investors refuses to sell off their Bitcoin while new investors and institutions keeps the price higher the more.

[michellee]

Considering how strong Bitcoin is going it is very likely for us to witness that number this month. Institutions are buying bitcoin and more and more people are going to exchanges. It may hit $40K by the end of this month.

But it doesn't make sense if people are going to exchange it right? would rather put my bitcoin in my own wallet that I can total control. But hitting $40k is also just around the corner, there is no stopping this bull run that a $40k jump I would say is imminent in the next days or within this week. Bitcoin has been smashing those whole numbers like a butter, $20k, $30k and soon $40k.

It makes sense for them, especially if they want to try to make a profit from trading. We are on a good track to see a bitcoin price increase, and sooner or later, we will see the price can jump to $40k because the price now almost touches $38k. If the bitcoin price can touch $38k, it will attract more investors to come to the bitcoin world, and they will invest in bitcoin. Maybe it will not make sense for us, but they will not think like that because buying bitcoin at the current price will not be a problem.