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

[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.

Let me just quote myself here, $40k has been breached already, and as I have said, $36k-$40k is possible within this week which eventually happened. Some minor dip after getting into $40k, but just a slight correction and then it goes up again and will try to maintain the $40k level this week and we will see threads of "bitcoin - $50k". 

[STT]

Hit 40k and retracted because of the round number thing which of course is not a reason to sell especially, so its basically recovered all of that.   Its staying above a 12hr average for most of the day barring some pullbacks which are few at the moment, this sell was really brief and its back above that.

[tabas]

Just as the discussion if it's possible, well then, it happened. For short term traders, they're taking profits but I don't want to put pressure to myself. HODL is much easier this time as we keep reaching new ATH day after day.
New question upcoming for the nex ATH, $50k and so on. 

[yohananaomi]

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.

Yes, mate, that the odds are already visible that bitcoin has the capability to do this and we are likely to see that $ 40K is coming.
The price for wholesalers is certainly not a problem and they will be able to continue to buy it if they believe the price of bitcoin will continue to move up. because trust in bitcoin will not be able to prevent those who have the funds to keep buying it.

[traderethereum]

I am happy to see bitcoin already crossed $40k
At this month, we will see many surprises from bitcoin, from the increases and decrease, many new ATH will break this month, and bitcoin will going stronger than before.
I see the price will break $41k, and I feel that it will still going up, so that can give us more chances to make a big profit.
But we need to be careful because bitcoin price can make another correction anytime, so if you plan to sell bitcoin at the next ATH, you should have a target sell price.

[thecodebear]

Anyone think we're finally gonna get a decent bit of correction at $50k?? There's gotta be a correction at some point. $50k seems like the most likely first point for a correction. But with demand going up across the board and Grayscale re-entering the market in a couple weeks, it's hard to see how there would be any serious correction soon. I'll take a bit of trading stash out in the run-up to $50k, but this might just keep going to like $70k or $80k before a solid first correction in this bull run.

[ScamViruS]

Just as the discussion if it's possible, well then, it happened. For short term traders, they're taking profits but I don't want to put pressure to myself. HODL is much easier this time as we keep reaching new ATH day after day.
New question upcoming for the nex ATH, $50k and so on. 

Short term traders try hard to take a position but not all of them are trade profitable. Even many traders have lost all their funds and given up trading. And those who have long-term plans for Bitcoin, they have not lost their money at all and are now enjoying the current bull market. Now Bitcoin is making new athletes every day, I still don't know where this race will end.

[carlfebz2]

Just as the discussion if it's possible, well then, it happened. For short term traders, they're taking profits but I don't want to put pressure to myself. HODL is much easier this time as we keep reaching new ATH day after day.
New question upcoming for the nex ATH, $50k and so on. 

Short term traders try hard to take a position but not all of them are trade profitable. Even many traders have lost all their funds and given up trading. And those who have long-term plans for Bitcoin, they have not lost their money at all and are now enjoying the current bull market. Now Bitcoin is making new athletes every day, I still don't know where this race will end.

There no ending into this race as long this market do moves and it do involves buyer and sellers then this would really continue no matter what.Lots had just speculated on when 25k on when is 30k and when is 40k.

We are breaking those resistances in a short span of time and one day i have been telling to my self that is this real? I cant just comprehend on how fast we do able to break those numbers that we had been
waiting for it to happen in several years in the past.

Adoption is on the different new level and this is the main reason on why we do see these digits in a short span of time.As a trader or investor then you should really be smart on utilizing these movements
for you to make money.It doesnt matter if you are a long term or a short term type one.

[sayaya17]

Now that $40k is within reach and bitcoin will score a new ATH again, we see since mid-2020 bitcoin continues to rise until it breaks through $40K now.
Indeed, we  are seeing a  growing demand  and bitcoin  becoming something very rare, so it is very valuable and creates an excessive  price explosion.
This is the reason people to make bitcoin an investment asset.

[tabas]

Just as the discussion if it's possible, well then, it happened. For short term traders, they're taking profits but I don't want to put pressure to myself. HODL is much easier this time as we keep reaching new ATH day after day.
New question upcoming for the nex ATH, $50k and so on. 

Short term traders try hard to take a position but not all of them are trade profitable. Even many traders have lost all their funds and given up trading. And those who have long-term plans for Bitcoin, they have not lost their money at all and are now enjoying the current bull market. Now Bitcoin is making new athletes every day, I still don't know where this race will end.

I agree that not all of them are profitable and there's likely that more they are losing than making if they keep chasing the market. The best strategy is just to watch the market and if you intend to buy at lows, set a price that you'll buy it then. But if you intend to sell, sell it with the price that you really want to sell. And as I've said, holding is easier, no need to think a lot unless there's an instance you have to start selling some.

[michellee]

We already see the highest price of bitcoin was at $41k level, and although the price is back to $39k, we will see the price can back to $41k, and I think $41k will be the lower price before the price increase more. The next target for the bitcoin price will be at $43k-$45k, and if that can happen, the price will have more opportunity to rise to $50k. But behind of that, we need to remember that after the price hit the highest price, it will go down for a while, and sometimes, we need to wait for more than a week before the price can increase.

[Question123]

We reached already the 40k dollars per bitcoin ans many people are celebrating of what bitcoin achievement. The more bitcoin will buy this month the price become 50k dollars. Reaching this price is not easy to achieve so we have to care and maintain this because once it's start collapsing possible to happen a big dump so keeping bitcoin is good to achieve the price that we expected.

[ngesotcoy]

Bitcoin will continue to rise this month, I have a feeling that $50,000 will be very soon. Hope not see a collapse like the previous times, people seem more calm this time.

[Fredomago]

Bitcoin will continue to rise this month, I have a feeling that $50,000 will be very soon. Hope not see a collapse like the previous times, people seem more calm this time.

Nobody is calm as you claim, there are twitter users and FB users including the forum that are actively engaging in this discussion(in respect to bitcoin price), there won't be just a collapse in my view becasue in the past there wasn't institutional investors rather what we saw in the past was just retailers. This give me the assurance that the current bullish trend of Bitcoin will be sustain throughout this year 2021 IMO.

With those institutional investors the market may continue to move forward, those people or investors will generate more assets and will keep thier money inside.

Knowing the value of this market, this people will make more money as they'll keep what they've got and try to add more, pushing the price to continue rising up.

Influencing more new investors who are also interested with how the market
works, more people and moey flow more value it will bring to this venue of investment.

[Jating]

New investors are already coming in, whether institutions or simple a beginner who have heard bitcoin in social media. Maybe the first thing that comes in their mind is that it is very expensive, but we all know that we can just start by stacking sats.

Influencing more new investors who are also interested with how the market
works, more people and moey flow more value it will bring to this venue of investment.

More money are still going to flow in the ecosystem, the financial system around the world hasn't recovered and we will hear more about QE this year. So it just make sense that even ordinary people will see bitcoin as a good investments in this trying times, hence pushing the price even further than $40K (which we already did).

[gabbie2010]

Bitcoin will continue to rise this month, I have a feeling that $50,000 will be very soon. Hope not see a collapse like the previous times, people seem more calm this time.

Nobody is calm as you claim, there are twitter users and FB users including the forum that are actively engaging in this discussion(in respect to bitcoin price), there won't be just a collapse in my view becasue in the past there wasn't institutional investors rather what we saw in the past was just retailers. This give me the assurance that the current bullish trend of Bitcoin will be sustain throughout this year 2021 IMO.

Actually I also agreed that the market will continue with the bullish trend this year however occasionally there must a pullback or price corrections because the price is not a one way traffic, although it will be very difficult to predict how dip the price is going to last, but the possibility of total collapse of the price is not feasible or should be rule out with the present market outlook, we should bear in mind that the overall market conditions this year is going to be bullish because of all the positive fundamentals is supporting or acting as a catalyst/

[RealMalatesta]

Current price of Bitcoin is at $ 40 500, this is a high price for Bitcoin,
especially many experts predict that Bitcoin can go to $ 50k this year, of course this makes Fomo continue,
and I really like it, but unfortunately altcoins are still not moving to low cap.

To be honest if the pace of price increase goes on it could reach $100K in no time but I guess we need to consider all the things like market correction or even regulators intervention but it seems what people always keep saying back then about $100K/BTC is not just a dream, even bitcoin could climb up to $40K price mark with ease. Maybe within 5 years we gonna see significant change in the market.

Regulatory intervention seems to be not around, SEC and other nations similar branches do not really care about the "price" of bitcoin, they care about how it is used and who uses it, that's it. That is why if you want to cash out your bitcoins into fiat and get it into your bank, almost all exchanges asks for KYC, since they want to know who you are and how much you have and give that information to government, aside from that there is nothing they want from you.

That means there is only one reason why the increase on bitcoin price could stop ; the demand getting lower. We have to realize the fact that people love to buy bitcoin right now because they want to get rich, but at some point everyone will start to think that the price is too much and they do not want to buy anymore and will find it risky, at that moment people will start to sell more and price will finally go down.

[lepbagong]

Bitcoin will continue to rise this month, I have a feeling that $50,000 will be very soon. Hope not see a collapse like the previous times, people seem more calm this time.

If you look at the situation in 2018 when bitcoin made a correction at the beginning of the year but it continued to fall, but this also happened but the correction was responded to with a decent upward correction. so that it doesn't really impact bitcoin.

Now it is hovering around $39,000-$41,000 for the last couple of days. But one interesting thing to note is that the Bitcoin forks have gone up by quite a lot during the same time. BCH went from BTC0.012 to BTC0.015, while BSV has gone from BTC0.005 to BTC0.007. And I don't think that a collapse will happen anytime soon, as most of the recent purchases were from the institutions. They are in this for the long term.

I hope that the worries you say don't happen because the time for altcoins to increase hasn't happened and this is the time that will coincide with bitcoin. because frankly, the increase in altcoins and reaching ATH is certainly highly expected because it will increase the bounty to be more enthusiastic, because the increase in bitcoin last year had no impact on altcoins and bounties.