BTC crossed $34K. $40K this week?

[digifinex.official]

Bitcoin (BTC) is hitting new highs almost every few hours!

https://coinmarketcap.com/id/headlines/news/bitcoin-btc-at-34000-average-trader-returns-at-historic-high-levels/

[Baofeng]

Why not? If we slice $20k, $25k, $30k at the same week then it's possible that $36k-$40k within this week. And as long as investors whether retail, institutions and companies are willing to purchase at this price then $40k is within reach.

[DeathAngel]

The number of coins available to buy on exchanges is decreasing all the time. Supply is diminishing, $40,000 is possible this week, sure. We are going a lot higher before the end of the year though.

[Coinsfera]

Bitcoin (BTC) is hitting new highs almost every few hours!

It seems like 2021 is the year of Bitcoin. Bitcoin is living in the strongest periods. Every day we can expect something new from Bitcoin also overall cryptocurrencies. But 40k is a little early for Bitcoin, maybe in the next weeks. But it is Bitcoin who knows what will happen?!

[taufik123]

Bitcoin continues to hit its highest ATH. after today reaching the highest price at $36,361 USD, of course BTC can be bullish again. But before that there will be some corrections to reach ATH again.

BTC's dominance is currently standing at 68.1% and if dominance rises again then the chance to hit $ 40k will be easy. But when dominance goes up some altcoins will correct. BTC still has a long way to go to score its highest ATH.

[jademaxsuy]

Bitcoin (BTC) is hitting new highs almost every few hours!

It seems like 2021 is the year of Bitcoin. Bitcoin is living in the strongest periods. Every day we can expect something new from Bitcoin also overall cryptocurrencies. But 40k is a little early for Bitcoin, maybe in the next weeks. But it is Bitcoin who knows what will happen?!

I thought bitcoin would record its ATH on the year 2020 but it seems bitcoin still making a good market price increase. I can't wait to see what will be the new ATH to be recorded. It seems also others had started already a gambling or betting activity about this. I might start a thread as well in the gambling section if not yet being taken by the gamblers or probably will just discuss about it.

[kevinzxz]

if market conditions continue to increase as it is now and of course it could be that the price of Bitcoin reaches $40k, because as we can see if the price of Bitcoin has broken through its ATH price and still continues to increase until now, so why not if the price of Bitcoin can reach $40k this week, there is even a possibility that tomorrow the price of Bitcoin could reach $40k (if the price of Bitcoin doesn't go down and continue to increase ).

[masterzino]

Bitcoin (BTC) is hitting new highs almost every few hours!

https://coinmarketcap.com/id/headlines/news/bitcoin-btc-at-34000-average-trader-returns-at-historic-high-levels/

Why not People are getting mad and FOMO. I wouldn't be surprised to see $40K in a day or two.

[Vilen65]

This is very good news to bitcoin cross 34k$. I am very happy to read this news. Now bitcoin popularity increased a large number. I hope bitcoin also hit 50k$. As soon as possible.

[Casdinyard]

Such a good run. I mistakenly not expected seeing the market price as big as it is at this moment. I saw many speculations but it was just hard to see in my perspective before that Bitcoin and other cryptos will still be able to have higher market price eversince the ATH was reached way back 2017. But here we are witnessing greatness of such digital currency. Sadly I decided to sell early at $22k because I doubted this scenario to meet the reality, which is a lesson learned. And to those who are feeling the same way as I did, there is still a chance if you will be brave enough to invest at this point wherein the market value of it is way expensive than before. No assurance of the next thing. It could indeed break the $40k mark but there is still a tendency for a downfall, no one knows.

[finaleshot2016]

It's possible to reach $40k price value of bitcoin as long as many people will buy more and adopt the use of bitcoin in the market.

But take note that correction might happen anytime so there will be a risk for those late buyers of bitcoin.

It's good news for those who are not still selling their bitcoins and waiting to reach the highest for this bull run but they should be careful as we can't tell if when will go drop.

[kentrolla]

New ATH today and this is happening from the past 2 weeks, BTC has some different thoughts this time and yes there are more chances for 40k because the momentum has started again people are flooding money in BTC and that's how it is gradually increasing.

And even now there are many of those who have already invested for long-term and I was dreaming like what their selling expectations could be, One thing for sure is BTC is a long-term asset which is more precious in the world.

[vaultman]

By the end of the year, the price will definitely reach $ 50 thousand for 1 bitcoin, if not earlier. Moreover, if earlier everyone doubted, now it has become obvious to the majority of users of this forum that it will be so. All premises indicate that the price of bitcoin will rise. Even many conservative billionaires who have spoken badly about cryptocurrencies are already investing in bitcoins.

[bekti3]

The number of coins available to buy on exchanges is decreasing all the time. Supply is diminishing, $40,000 is possible this week, sure. We are going a lot higher before the end of the year though.

well, you are right, this is where bitcoin has a high enough potential until the end of this month even the correction will not be like last year. this impressed everyone. we are waiting at how much bitcoin will really take a long break to end the real ATH.

[Ridwan Fauzi]

Because there is no strong support that could be broken out. If we compare before bitcoin touched $20.000 and below it took a long time for bitcoin break out the strong support. Different with the current time, many people will only use fibonachi expansion to know where the price should go. Also, with the situation factor which can make bitcoin price up and still have a good market sentiment. But, we have to be careful, seem like if the uptrend market end the price will fall rapidly.

[cabron]

It looks very unstoppable now, 40K isn't so far when you think it was just $25k two weeks ago.

The future looks good for now, I can't think of anything for now like news that will likely be bringing prices down just as before the bear market.  But perhaps once we heard stories of government freezing accounts of crypto holders or like hardware wallet companies asking KYC, that would be alarming.

[dothebeats]

At this point and rate, we don't know what's possible and what's not for bitcoin. A few weeks ago, most are in agreement that bitcoin wouldn't surpass $30k sooner, given that it showed signs of being overbought. Yet the unthinkable (or unexpected, more of) happened when bitcoin breached $25k and just a few moments later, $30k came knocking and sending us off into a brief moment of disbelief. Calling $40k within this week, IMO, is a bit of a stretch and overly optimistic for what the market is doing lately, but it's possible. Would be hard to get there but bitcoin never fails to surprise us, and 2020 was a testament to that.

[Momoamzad]

Bitcoin (BTC) is hitting new highs almost every few hours!

https://coinmarketcap.com/id/headlines/news/bitcoin-btc-at-34000-average-trader-returns-at-historic-high-levels/

This is really great news for us off course. But can't say anything about it. I saw it may down 3-4k at some hours. This is what happening in last some days. But I 4hink it will be 50k very soon. Everyone is looking forward to bitcoin price

[Delisaara]

yes I agree with you.  bitcoin will go up to $ 40k.  this is so crazy, I could hardly believe that bitcoin price could go up to $ 36k.  I used to think that bitcoin's price was $ 20k and it would fall back down to $ 15k, and it never happened.  This is a remarkable achievement for bitcoin as a completely new record

[MCobian]

If I look at the rapid rise in the price of Bitcoin, I'm not surprised Bitcoin will hit the price of $ 40,000 this week. And this makes me very happy
as a Bitcoin holder, because I can make huge profits. In my life Bitcoin has been the best asset I have ever owned, I feel lucky to know Bitcoin.
Even though I am not an early investor, I am grateful that I can still collect Bitcoin and get a profit that I never expected.