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

[romiofficial]

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.

You're not alone. I feared BTC would crash any moment and sold every Sat at $27k. I'm just waiting for the correction so I could buy again.

[GeorgeJohn]

Last year 2020 ending explain in different dimension that bitcoin will increase above the previous increments in 2017 bitcoin get up to 20,000 thousand within a day and fall to the initial point, so during November 2020 many people saw vision of bitcoin that prompt them started predicting the increments of cryptocurrency especially the popular one known as bitcoin.

Currently bitcoin first hit's 20,000 thousands in 2020 and moved on into 2021 them the price hit 30,000 thousand and now bitcoin is at 3,5000 thousand, it's very clear that predicting that bitcoin will get to 40,000 thousand its not assumption because based on rising of btc now, we are hoping that bitcoin will get to 50,000 to 60,000 thousands before February 20th this year, and it's encouraging to buy bitcoin now and resale because from views it will propagates or yield profit to the buyer if bitcoin get to 50,000 thousand as expected.

[goldade]

At the rate at which bitcoin is pumping, I'm sure no one would be surprised when bitcoin hits even $50000. Bitcoin hitting $20000 and $30000 in one week is enough proof that it can do the same, if not more, in another week.
Although, the price of bitcoin at the end of the week might be $40k or more, I believe there'll be major corrections within the week. This may cause some traders to lose money but all the same, bitcoin is shooting for the moon.

[AmoreJaz]

At the rate at which bitcoin is pumping, I'm sure no one would be surprised when bitcoin hits even $50000. Bitcoin hitting $20000 and $30000 in one week is enough proof that it can do the same, if not more, in another week.
Although, the price of bitcoin at the end of the week might be $40k or more, I believe there'll be major corrections within the week. This may cause some traders to lose money but all the same, bitcoin is shooting for the moon.

but we should not be too trusting with the market as it can turn around at a time we are not prepared of. we dont know the exact reasons why the market is really really doing great but if you are a holder, you should have contingency plans on how to take advantage of what's happening in the current market. this is really awesome, right?
now, 40k is somewhat right around the corner. maybe aside from these institutional investors, there are really big whales that are accumulating BTCs in their portfolio.

[Rengga Jati]

BTC can increase around $2k in under one night and now it hits $36,350.98. So, I personally believe that the price of Bitcoin will increase, this week, at least it will reach $38k. After that, if the price can break the rate, maybe it will continue to $40k. Or probably there will be another market correction again before hitting $40k. Just stay tuned to see the increase while trading and making profits from scalping or even daily trading

[XavierLaurent]

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/

Aaand it's over 36k already. Yeah, it's most likely that BTC will hit 40k soon. Amount of news and social coverage, in mainstream news and within population is insane. I think it's way higher that back in 2017. 50k within a month achievable. Yeah that'd be 38% increase, but why not.

[Darker45]

Very possible. With the way Bitcoin's price behaved for the past days, we could say that $1,000 is nothing. Bitcoin has just proven that it could easily add more than that in just a matter of hours. Bitcoin has registered a number of ATHs in just a week's time. We already have crossed $37,000. So we are only $3,000 short of $40,000. I think $40,000 is not a hard thing to hit within the week. Well, see you there and at $50,000 shortly afterwards.

[care2yak]

Is it possible that this run is due to the chaos that’s happening in the US right now?

[ttcsalam]

Bitcoin prices are skyrocketing.I think going  $50,000 is just a matter of time.The most beautiful and convenient aspect is that this Kovid 19 period has introduced digital transactions for everyone.

[Janation]

That is a probable scenario.

I think Bitcoin will rise at that price considering the fact that we are now closing to another ATH at $37K this month. It seems the price is still pushing through which seems to be very surprising. If this continues, I think we might also see the price at $40K and if that still pushes through, the golden mark of $50K might be attained in the next few weeks.

[lienfaye]

There's a high demand for bitcoin thats why the price continuously increasing. Its possible to reach much higher price in a short timeframe if this become consistent. Thus its not surprising the value is going up, new investors might also engaging themselves because of FOMO which is a risky thing to do.

Nevertheless whatever is the specific reason for this bullish price of bitcoin, always set aside your emotion to decide for your investment. Take advantage the situation to maximize your profit.

[OscarDavidson]

This week's Bitcoin price is going completely crazy. It grows every hour and may fall down anytime. For the last 24 hours BTC was at the lowest point of $33k and reached a new ATH at 37k. It's really shocking me but I'm so excited to see what is going to happen next. I think bitcoin can easily get $40k by the end of this week but it can fall down hard either. There is still no one who can predict correction starting.

[Nikole Fischer]

Well, guys, Bitcoin is 37k now It's crazy!! iIt's highly likely that it will reach 40k at the end of the week. But I'm 100% sure that in this month it'll be under 50k!

[Sithara007]

Right now it is at $37,500 per coin. Multiple factors are fueling the cryptocurrency bull run. The US Dollar is showing signs of weakness, as a result of the multi-trillion dollar COVID 19 stimulus. Other assets, such as bullion and various commodities have also rallied against USD recently. On top of this, the stock market is also looking overpriced (despite the fact that Biden presidency is expected to have a bearish impact). Many of the investors now consider Bitcoin as an asset that is safe from the ongoing devaluation of the US Dollar.

[minersday]

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.  

It's too early to declare 2021 as Bitcoin's year. Considering the nature of the cryptocurrency and bitcoin ecosystem, the market of Bitcoin can change within the next month either positive or negative. We can consider January as Bitcoin's month for 2021 rather than classifying the whole of 2021. What if in 2022 bitcoin reaches  $100k?  Bitcoin has started 2021 good but we can't conclude that 2021 is the year of Bitcoin. 2021 needs to end before we can make that final conclusion.

[Olivia Wolff]

Bitcoin crossed 37k! Can you believe Bitcoin will soon be worth as much as Tesla? 1 BTC = 1 Tesla

[Fredomago]

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

There people who also think that way, thinking that after the pumped and reach the last time high it will fall back and start to play within
15K and going back and forth.

But with how the market goes, the value continue to rise and now it's almost reaching twice the last time high, it's really amazing seeing that those who believe are now really enjoying the worth of their success.

And for those who trying to short this thing up are now been left they are now trying to position
and risk since fluctuations are active still. Good luck

[minersday]

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

Considering the rate at which the market value of Bitcoin is increasing within the past days and hours, it is very likely that we might see bitcoin value attaining $40k within this week.  For the past 24 hours, there has been a 10.42% increase in its market value. If this increased rate should continue, bitcoin might hit more than $40k within this week.

[Josefjix]

Every number bitcoin was predicted to reach, bticoin has stylishly surpassed and overtake and setting new numbers for itself, I would not be surprised to see bitcoin at $40k even $50k.... The demand for it is not reducing whilst the supply by most exchanges are on a diminishing scale.

[maydna]

At least, the bitcoin price now can hit up to $37k, and it is still going up. If the situation can be like this for this month, we will see bitcoin price can hit $40k or even higher. We can have more chances to see another new ATH this year, but we also can see a correction when the bitcoin price is down, and we should be ready for that. The real ATH is still a mystery to us, but we already see many people saying bitcoin price can hit more than $50k-$100k. Perhaps, $40k can come to us in the next week since we are almost at the weekend, but $40k can come this week if there is a big demand from people at the market.