Bitcoin hits $40k

[sayaya17]

With $40k, Bitcoin has already lifted the total value of the entire cryptocurrency market above $1 trillion for the first time. For its wild volatility,
bitcoin increasingly shows its existence as an investment commodity. The  price  of bitcoin  jumped  sharply,  previously  $35,000  then  broke
through $37,700 and now it’s $40k so bitcoin has already scored the highest price  in history.  Bitcoin’s recent rally differed from the late 2017
bubble in which Bitcoin briefly approached $20,000, then 2018 dipped to $3,122.

[PolassSs]

Bitcoin yükselişte ve gün geçtikçe daha çok yükselişe geçecek. Bitcoini herkes yavaş yavaş daha çok biliyor . Bilmeyenler ve tam olarak inanmayanlar da geçtiğimiz ve gelecek günler için daha çok meraklanarak araştırıyorlar . Bitcoin hızlı bir şekilde yükselişe geçtiği için herkes şaşkınlıkla beklerken daha çok kazandırmayı ve daha çok kazanmaya hedeflerken bilmeyenler ise daha çok araştırmalara giriyor 

[Traderbtcc]

Yes everyone who is holding BTC for a very long term must be very excited, they feel like a long wait that ends in profits, and I congratulate you as the bitcoin price hits $ 40k and I hope it continues to increase.

Every bitcoin long term holder would be so happy right now seeing their portfolio grow, I also hope bitcoin keeps increasing next stop is $50k  .

At first, everyone thought bitcoin would hit 30k by the end of January. Then everyone started to say that the price of 40k will be at the end of January. Further, they said that 40k would be at the end of this week. Bitcoin hit its record price yesterday. I already like 2021!   Well, now we're waiting for 50k. 

Seems like bitcoin isn't following anyone predictions, it just keeps breaking new highs almost every day, even after reaching the $40k height it still made another new ATH which is $42k, the $50k mark looks achievable right now, and we might get there before month ending.

[DougM]

people are rumoring that BTC will go to 100k or 300k, very logical but I think it will possible after a decent pullback.

If you pay a little more attention you will see that already we had around 10% pullbacks several times, and a bigger one may come later but no one knows when. I don't suspect any big correction before we go to 60K zone. After that when once we get around 60k to 100k I think it could get very volatile.

  Interesting related article:
Bitcoin Could Soon Hit $70,000, And That Has Nothing To Do With Currencies by Dan Runkevicius
https://www.forbes.com/sites/danrunkevicius/2021/01/07/bitcoin-could-soon-hit-70000-and-that-has-nothing-do-with-currencies

...
Bitcoin doesn’t compete with currencies. It competes with “insurance” against paper money

From an investment and ideological standpoint, Bitcoin is actually more like a commodity. More precisely, one of the most expensive and “useless” commodities in the world—gold. Unlike other commodities like oil, gold has limited use. For example, ~3,000 tons of gold were dug up and sold last year. And of that amount, just 35% went into electronics and jewelry. The rest was melted into bars and coins and stowed away. Gold is not a medium of exchange either. You can’t walk into Pizza Hut, drop a sliver of gold on the counter, and get a slice of pizza. At most, you’ll get some strange looks.
...
If just 20% of private gold holdings moved to Bitcoin, the crypto would double or more

So the questions you should be asking yourself are these

Will investors buy Bitcoin as a legit store of value so early on? And will they move a meaningful chunk of their “gold insurance” to Bitcoin? I’m convinced these are the questions that will drive Bitcoin’s price for now.

[Sled]

almost every day the price goes up and showing with a good sign of hope and totally it can be a good harvest for all consumers particularly investors who have made a lot of savings, moreover, it is a good opportunity for those who bought BTC such as where the current price is low which is now, clearly that it will increase much more than $40k, So it's good resistance for this year 2021 if you have a plan for a new business it is also good to sell.

The 2021 year entry is an amazing year for crypto. Because I think that most of us are thinking that drops have to show this year after hitting a new ATH for BTC, but it has to see that goes into a strong market position. And those risk buyers who bought Bitcoin around $20k plus, they are still in a sweet harvest. I couldn't imagine if we all are able to hold until today, it is more than doubling our investment.

[kulboi123]

Oh watch it hit 60k by febuary

[South Park]

This is one of the greatest achievement that happen in bitcoins. Yeah, this is the first time that bitcoin reaches 40K$ per btc. One true legendary digital currency is bitcoin and has already beat up the other strong currency (fiat in accordance to its market). I think no one had expected this but bitcoin beat it because bitcoin is global digital currency.

Without a doubt it was a great achievement and we did not seemed to realize how big it was as now bitcoin is having problems reaching that level again, we will have to see what happens from now on, I believe reaching that price is just a matter of time but with bitcoin you never know, it seems individual investors were the main reason the price went that high and institutional investors have not invested at all lately thinking the price is too high and without their support the rally cannot go for long.

[thaRiddla]

And no we're back at 34.5K

[Tamim121]

And no we're back at 34.5K

Now bitcoin price is $34,500. Though now price is lower than 40k$ but i think as soon as possible it will hit 40k again. No one can believe that in this present time this can happen that bitcoin can reach 40k. But bitcoin prove that it would be a king and will be a king of Crypto currency. Bitcoin is one of the most potential and best coin. I hope that it will be cross 50k in the meantime of June.

[DougM]

And no we're back at 34.5K

Now bitcoin price is $34,500. Though now price is lower than 40k$ but i think as soon as possible it will hit 40k again. No one can believe that in this present time this can happen that bitcoin can reach 40k. But bitcoin prove that it would be a king and will be a king of Crypto currency. Bitcoin is one of the most potential and best coin. I hope that it will be cross 50k in the meantime of June.

and now back to $37,750 today.  Quite the roller coaster BTC is 

[m2017]

And no we're back at 34.5K

Now bitcoin price is $34,500. Though now price is lower than 40k$ but i think as soon as possible it will hit 40k again. No one can believe that in this present time this can happen that bitcoin can reach 40k. But bitcoin prove that it would be a king and will be a king of Crypto currency. Bitcoin is one of the most potential and best coin. I hope that it will be cross 50k in the meantime of June.

and now back to $37,750 today.  Quite the roller coaster BTC is 

When do you think the price will hit $50k and what will be the correction? What are the predictions?

[lepbagong]

And no we're back at 34.5K

Now bitcoin price is $34,500. Though now price is lower than 40k$ but i think as soon as possible it will hit 40k again. No one can believe that in this present time this can happen that bitcoin can reach 40k. But bitcoin prove that it would be a king and will be a king of Crypto currency. Bitcoin is one of the most potential and best coin. I hope that it will be cross 50k in the meantime of June.

in fact we also need to be happy that bitcoin, which usually corrects at the beginning of the year, has done well because it did not follow the rhythm that was carried out when 2018 continued to fall, it continued to fall but stopped at a fairly stable price and soon could bounce back.
this indicates that bitcoin is now in a stable state, and will probably increase after the altcoin starts moving up.
certainly Q1 bitcoin will start moving up again, we are waiting for that.

maybe our colleague's prediction about bitcoin reaching $ 50K can happen it will be faster than your prediction, we will look forward to it.

[thaRiddla]

It went up to $40K again today, but having trouble to stay.

[Zanab247]

The way bitcoin price is rising in the market, is a sign that this year 2021 will be the best year for all bitcoin users. The price of bitcoin move from $27k to $40k from the beginning of this year which many customers are very happy with their trading in the exchange market.
According to researcher, this is just the beginning for the price of bitcoin, by next two month the price of bitcoin will hit $50k to show, this year will be good for all bitcoin families all over the world.

[AmoreJaz]

The way bitcoin price is rising in the market, is a sign that this year 2021 will be the best year for all bitcoin users. The price of bitcoin move from $27k to $40k from the beginning of this year which many customers are very happy with their trading in the exchange market.
According to researcher, this is just the beginning for the price of bitcoin, by next two month the price of bitcoin will hit $50k to show, this year will be good for all bitcoin families all over the world.

don't rely too much about these researchers. but good to know about their positive perception towards bitcoin. this year is indeed a good one. first time to hit the mark of 40k and we are just starting the year. there's sudden drop, which, is inevitable by all means, but look at what we are heading now, we are approaching the $40k again. $50k is possible but you need to be alert on what's gonna happen here. up and down movement will always be there. so if you want to take advantage of the market, scalping may be of your advantage here

[Fredomago]

The way bitcoin price is rising in the market, is a sign that this year 2021 will be the best year for all bitcoin users. The price of bitcoin move from $27k to $40k from the beginning of this year which many customers are very happy with their trading in the exchange market.
According to researcher, this is just the beginning for the price of bitcoin, by next two month the price of bitcoin will hit $50k to show, this year will be good for all bitcoin families all over the world.

don't rely too much about these researchers. but good to know about their positive perception towards bitcoin. this year is indeed a good one. first time to hit the mark of 40k and we are just starting the year. there's sudden drop, which, is inevitable by all means, but look at what we are heading now, we are approaching the $40k again. $50k is possible but you need to be alert on what's gonna happen here. up and down movement will always be there. so if you want to take advantage of the market, scalping may be of your advantage here

You need to keep your guard up and not just to rely with those research, your own understanding will keep you in shape as Bitcoin is really providing the benfitis for those who are actively investing to this asset.

There's always chances to break this $40k and pump more to break or to reach $50K we are still in the first month of the year and once this upward movements gain more support, it simply go more higher.

Keep your eyes open and sets your target, not too greedy but wise enough to cut your way to a profitable investment.

[minersday]

Friday PM - $50k
Saturday - Celebrate
Sunday - Celebrate
Monday AM $60k

Very funny. If that was the situation in the Bitcoin market, Bitcoin value would have been around 1 million dollars.  You should try to understand the bitcoin market before speculating about the market value of Bitcoin. You might lose money if you keep having such assumptions in mind. Following speculations made by people will make you bleed heavily..

[thaRiddla]

Friday PM - $50k
Saturday - Celebrate
Sunday - Celebrate
Monday AM $60k

Very funny. If that was the situation in the Bitcoin market, Bitcoin value would have been around 1 million dollars.  You should try to understand the bitcoin market before speculating about the market value of Bitcoin. You might lose money if you keep having such assumptions in mind. Following speculations made by people will make you bleed heavily..

Atleast we can dream about it...

[finaleshot2016]

The way bitcoin price is rising in the market, is a sign that this year 2021 will be the best year for all bitcoin users. The price of bitcoin move from $27k to $40k from the beginning of this year which many customers are very happy with their trading in the exchange market.
According to researcher, this is just the beginning for the price of bitcoin, by next two month the price of bitcoin will hit $50k to show, this year will be good for all bitcoin families all over the world.

Who is this researchers? If you will just rely to other people then it will be more difficult when it comes to trading. The better action on this is to rely on your ownself, to have experience and understand the mechanics very well. Maybe those researchers you are talking about is just novice in trading, your moneu will be on the risk.

[TravelMug]

Friday PM - $50k
Saturday - Celebrate
Sunday - Celebrate
Monday AM $60k

Very funny. If that was the situation in the Bitcoin market, Bitcoin value would have been around 1 million dollars.  You should try to understand the bitcoin market before speculating about the market value of Bitcoin. You might lose money if you keep having such assumptions in mind. Following speculations made by people will make you bleed heavily..

Lol, sometimes bitcoin takes a break as well, and that is what we've seen in the last 7 days or so. Took a breather around $33k and then move forward to $40k again. So there's no $50k or $60k celebration at least. We need to wait till the end of the month and see how it goes.

And I would say that let the market takes it normal course, we don't need some artificial price action. Don't you worry, we might going to celebrate later, so hold on.