Bitcoin hits $40k

[wiss19]

Probably $43k at that time is the next big resistance that's why he is looking for it.

And obviously, we didn't hit it, so it didn't go as high as $50k because that is the next stop. And then we have a lot of ups and downs after reaching the current top of $41k. Three weeks of trading sideways, multiple FUD's surfaces, then in the last 24 hours, a simply tweet from Elon Musk spark bitcoin to reach as high as $38k. Now we settle at $35k.

So not $40k this January. But hey, lets look at the bright side, at least we have seen the price having a break out run, although short live but we still have February to see where the price is going. And maybe $40k will be in the horizon again.

That break out run is quite important for one reason, it shows that we can do it. In the crypto world it is really not that hard to go up or down, sometimes people decide that it should go up and collectively we buy so much that price goes up like crazy, we have reached from 10k to 40k in like 4 months or so, that is a record breaking pace for having 4x return, rarely you can see something like that in any investment ever so it showed how easy it was, we have also seen a lot of days when it can go down as well, more than 20% and it was easy.

That means there are prices we can go to very easily and there are prices we may have hard time, it showed us that 38k is nothing at all and it would require one rally and we will be there. Now that we are around the 35k marks it is easier for us to just take a look at the situation and go all in together so we can increase it 40k+ prices.

[1715199011]

1715199011

[South Park]

We never expect that bitcoin hits a new ATH, it was amazing, lucky those who hold bitcoin for a long time. I don't think this is over for bitcoin after reaching the ATH, I have a feeling that possible we can see another new ATH in this year because Elon Musk tweeted about bitcoin then the price pumped so therefore more big names will get interested into bitcoin I guess.

Luck had nothing to do with it, the people that kept holding their bitcoin even after the crash of 2017 were the ones that were completely convinced about the potential of bitcoin as a form of money, this was not something easy to do at the time after the crash of 85% that we suffered, now it is very easy to say for those that are just starting to invest in bitcoin how easy it was for us to keep our coins when in truth it has been one of the most difficult things we ever had to do in our lives.

[hahay]

This has been a great starting quarter because even after a month has passed from its new ATH, the price of bitcoin looks still strong and looks like it will hit another ATH in the near future. If that happens then it is clear, bitcoin has grown very well because support continues to come and if you look at the bull run in the past or four years ago, at least after a month has passed the price collapsed. But now we can see that it is completely different, or it is a sign that higher bulls are really going to happen.

[Ziskinberg]

It's hits $40k again.

http://preev.com/



What do you think will be the next price bitcoin will land?

I thought $40k is not gonna be achieve after it dump, but here we are now.

[Natsuu]

It's hits $40k again.

http://preev.com/



What do you think will be the next price bitcoin will land?

I thought $40k is not gonna be achieve after it dump, but here we are now.

It will reach 50-60k.

I believed that, and still believing as this bullish run is not yet over. There are many people saying we are greedy to hodl and wait for 50-60k, but the tide has shown off and we're moving forwardd.

[onecall123]

It's hits $40k again.

http://preev.com/



What do you think will be the next price bitcoin will land?

I thought $40k is not gonna be achieve after it dump, but here we are now.

To be honest, I'm bit surprised about this unwanted move. Seems like nothing is going to our plan, I think Bitcoin will hits a new ATH. Bitcoin had hit all time high which was ~42k, here we once again over $40k and very possible we're going to see BTC hitting a new ATH by end of this weekend or before.

[boltz]

With the way BTC price is rising, 100k might be the minimum this year. Institution money is really coming in big time.

No, 100k is daydreaming. It won't pretty much happen. I would expect more of 50-60k but never 100k. I don't want to get my hopes up to 100k but if that happens and I sold at 60, then I would have no regrets as this was part of my plan after all. No time for self-doubt.

BTW, it reach 38k again this week for 1-2 hrs and goes back to 33k. So I think, this would be the scenario for this weeks to come.

100k is just a dream ? Well , just have a look of that dream coming alive mate because the bull run just began , we are still in the early phase of it so 100k can be easily achieved this year if this continues to go like this. As long as you exist in big profit , you should be pleased with your efforts but make sure when you sell it that you will have an opportunity to buy it again lower than you sold it.

[slaman29]

40k again, but still a small distance to go for a new ATH, which probably on the momentum of everything else will happen within the weekend. I wonder if people will hope for a 10% hike from there to go to 45k after that. This time this is carried on from ETH momentum I believe. Guess we're all dreaming now again.

[LUCKMCFLY]

It's hits $40k again.

http://preev.com/



What do you think will be the next price bitcoin will land?

I thought $40k is not gonna be achieve after it dump, but here we are now.

To be honest, I'm bit surprised about this unwanted move. Seems like nothing is going to our plan, I think Bitcoin will hits a new ATH. Bitcoin had hit all time high which was ~42k, here we once again over $40k and very possible we're going to see BTC hitting a new ATH by end of this weekend or before.

This rise in the price of Bitcoin does not surprise me, what surprises me is that the movement is so fast, I expected at least that in 2 more months it would occur, it seems that more institutional investment is entering, the volume is showing a very good bullish sign.

[3meek]

40k again, but still a small distance to go for a new ATH, which probably on the momentum of everything else will happen within the weekend. I wonder if people will hope for a 10% hike from there to go to 45k after that. This time this is carried on from ETH momentum I believe. Guess we're all dreaming now again.

Yes, 40K again! Tether has turned the printing press back on... Recently 500M of new USDT entered the market... And I think that's a start! Hopefully the last price pullback was just a correction!

[Renampun]

40k again, but still a small distance to go for a new ATH, which probably on the momentum of everything else will happen within the weekend. I wonder if people will hope for a 10% hike from there to go to 45k after that. This time this is carried on from ETH momentum I believe. Guess we're all dreaming now again.

Yes, 40K again! Tether has turned the printing press back on... Recently 500M of new USDT entered the market... And I think that's a start! Hopefully the last price pullback was just a correction!

*Bitcoin is back at $ 40k, surprised by this news...
once again Bitcoin disappointed the panicked traders, Many think that when the Bitcoin price hit $ 40k in January it will continue to fall. the estimate missed, the Bitcoin price returned to $ 40k again.

[The Sceptical Chymist]

Wow, this is indeed crazy.  The only thing I'm wondering is, who's doing the buying right now to drive the price up so far--in particular, I'm wondering if there's more institutional money flowing into bitcoin (like MicroStrategy) as opposed to small retail investors.  Either way, bitcoin's getting closer to that much-awaited milestone, $50k.

No way in hell would I have thought it'd be possible to even hit $20k this year, seeing as how the economy took an enormous hit last year, but here we are.  I can't tell if this is a bubble or what's going to happen, but it sure is interesting to track.

[OgNasty]

With the way BTC price is rising, 100k might be the minimum this year. Institution money is really coming in big time.

No, 100k is daydreaming. It won't pretty much happen. I would expect more of 50-60k but never 100k.

I remember people saying that about $100 when we were stuck in the $5-$15 range.

All indications are pointing to $100,000-$280,000 this year. Don’t be surprised when it happens because it is just as likely as not that it will.

[DeathAngel]

Next target is a new ATH & then $50,000. It really is going to be a rollercoaster this year, prices could reach as high as $100,000 plus. So much money is going to pour into bitcoin this year, you need to buy what you can ASAP.

[Stalker22]

No way in hell would I have thought it'd be possible to even hit $20k this year, seeing as how the economy took an enormous hit last year, but here we are.  I can't tell if this is a bubble or what's going to happen, but it sure is interesting to track.

Yes, no one can tell what's going to happen for sure. This doesn't look anything like 2017 so who knows where we're going to end up.
Although I'm typically not inclined to speculation, but as the days go by, $100k seems more and more likely.

There's nothing to do right now... but wait to see.

[Ultegra134]

With the way BTC price is rising, 100k might be the minimum this year. Institution money is really coming in big time.

No, 100k is daydreaming. It won't pretty much happen. I would expect more of 50-60k but never 100k. I don't want to get my hopes up to 100k but if that happens and I sold at 60, then I would have no regrets as this was part of my plan after all. No time for self-doubt.

BTW, it reach 38k again this week for 1-2 hrs and goes back to 33k. So I think, this would be the scenario for this weeks to come.

I wouldn't say never, I get it, it's a very optimistic and an unlikely goal, $50.000 is way more realistic. Thinking back on how the price climbed so quickly, it won't take long to happen.

However, $100.000 might sound crazy, but there's a chance it might happen in the distant future. Certainly not within 2021, not even 2022 and so on.

[Baofeng]

With the way BTC price is rising, 100k might be the minimum this year. Institution money is really coming in big time.

No, 100k is daydreaming. It won't pretty much happen. I would expect more of 50-60k but never 100k. I don't want to get my hopes up to 100k but if that happens and I sold at 60, then I would have no regrets as this was part of my plan after all. No time for self-doubt.

BTW, it reach 38k again this week for 1-2 hrs and goes back to 33k. So I think, this would be the scenario for this weeks to come.

I wouldn't say never, I get it, it's a very optimistic and an unlikely goal, $50.000 is way more realistic. Thinking back on how the price climbed so quickly, it won't take long to happen.

However, $100.000 might sound crazy, but there's a chance it might happen in the distant future. Certainly not within 2021, not even 2022 and so on.

And we hit $40k again in the last 2 hours or so. $50k scenario is just around the corner again and it won't take that long before we can reach it again. $100k? yeah it sounds crazy but I would say that is is also doable with the strength of the market right now. Well, we don't know, the growth may slow down a bit but it is possible that a six digit price can be surpass this year.

[kapalmabur]

Happy to see a new ATH of BTCBTCBTC
The dominance is such a beauty to be-hold  

if this week Bitcoin stays above $ 40k, I'm sure the journey will continue again, next is $ 50k,
everyone is already talking about $ 50k coming next week !,hold Bitcoin until the target is reached or you will see this increase without having it,
indeed Bitcoin dominance is likely to fall and this increase may be the last increase in this bullish season.

[STT]

The elon musk high was capped by being in the vicinity of a prior high but this time its clear until the ATH is reached and then we challenge that area on a daily basis with lower volume since that first occured I think we do retrace a few times in order to properly exceed this point on a stronger basis then now.

[Zemomtum]

The year 2021 will be great for digital currencies. I am seeing a price of BTC at 50k before the end of the month of February and $150k before this year-round off. Blockchain has come to save us in general