Bitcoin hits $40k

[Ambrox]

the beginning of the year Bitcoin's rise was so fast that it reached $ 40K in mid-January,
but there will definitely be a correction so it will return to $ 35k but I'm sure it will come back to $ 50k more, but it won't be too soon
Congratulations to everyone who has held Bitcoin for the taste of going to the moon

You are right.  I totally agree with you. Bitcoin will touch 50 thousand dollars this year.  I bought some bitcoins on the advice of one of my older brothers.  At that time the price of bitcoin was 18 thousand dollars. When the price of bitcoin crossed 40 thousand then I sold my little bitcoins.  And from that I made some money.  Which is a lot for me.  Good luck to those who have hold Bitcoin.

[South Park]

The M1 money supply for the United States Dollar has almost doubled in just 12 months. This will have a huge impact on inflation in the coming years. Assets which are protected against inflation, such as gold and Bitcoin are expected to rally. And even more worrying is the fact that the stimulus measures are expected to continue for at least one more year. This will further devalue the US Dollar.

There is simply no way around this, governments are trying to justify their policies using modern monetary theory, but that theory is nothing but a bunch of wishes, it took us a long time and a lot of suffering but we understand now very well how an economy works and printing an unlimited amount of money forever is simply not sustainable and inflation sooner or later is going to raise if they keep printing money, but unfortunately for them they are going to be trapped in a cycle from which they cannot get out and the only way forward will be to print even more money and that is when assets like gold and bitcoin will really shine.

Gold prices are not rising only because a lot of people are selling their gold holdings (especially in countries such as India). The COVID 19 pandemic has left a lot of people in difficult financial situation, and many of them are forced to sell their gold coins and jewelry. However, this hasn't caused a crash in the gold prices, because the demand is equally strong. In fact I would even say that gold would be witnessing a rally similar to what we have with Bitcoin, if the pandemic was not there.

We are basically watching something similar in bitcoin, when there is a crisis people sell their valuable assets in order to survive and who gets those assets? The people that have a lot of money and that understand that they need to position themselves early in order to see massive profits, institutional investors did not came to this market because they believe in the ideals of satoshi, they came because they see in bitcoin an incredible investment opportunity and they think bitcoin will do great when the next economic crisis caused by fiat currencies happens.

[LiverLamas]

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

Currently watching the BTC market, and probably won't reach 40k this month

[Kong Hey Pakboy]

Bitcoin had always been destine to hit $40k but it was just the matter of time for that to happen and it finally happened. The next ATH for Bitcoin to attain is hitting $100k. This is destine to happen very soon looking at how Bitcoin moved from $10k to $40k.  $100k is very likely to happen in the early but of 2022 or when 2022 is ending.  Saving my Bitcoins for that day.

We only expect that bitcoin will only surpass its $20K price in 2020, but surprisingly bitcoin exceeds $25K until it reaches $40K+ price. So there is a possibility that bitcoin will surpass its ATH again and reach up to $100K this year or next year of 2022 if the mass adoption continues. Saving and holding our bitcoins until that comes will be worth it.

[pecson134]

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

Currently watching the BTC market, and probably won't reach 40k this month

From the looks of it it won't really be happening this month with what the current bitcoin values was of now.  We can hope the it reach to 40k by the end of February and 50k by the end of March or April if nothing significant would happen in this succeeding months.

[jamesde]

By the next week or next month. I couldn't say exactly what happens to the bitcoin price, but I assume that bitcoin price will never fall down touch as much as a heavy correction as expected right after the new ATH is hit. They believe that this will happen like the last bull run in 2017, the correction was too much and almost hit the ground after having a huge price increase, but for now, it didn't happen.

Bitcoin is likely yo grow $40k, but we can't tell when it is. And let's wait and see what's going to happen. I am very positive that the price will keep growing for me

[yohananaomi]

From the looks of it it won't really be happening this month with what the current bitcoin values was of now.  We can hope the it reach to 40k by the end of February and 50k by the end of March or April if nothing significant would happen in this succeeding months.

precisely for me, let bitcoin remain stable at current prices like this only moving in the range of $ 31K- $ 35K only, to provide an opportunity for altcoins to clean up and improve themselves to soon reach their ATH.
because at this time we cannot deny that the need to increase altcoins is more priority so that the bounty can be excited. because last year the bounty did not receive a reward from increasing bitcoin.

There is still plenty of time for bitcoin to move again and we will be sure of that, very confident that maybe $ 50K is not a hard thing to get bitcoin this year but we cannot yet conclude in what month the renewable ATH will be made bitcoin, we wait patiently.

[ninabobo]

Bitcoin had consistently been ordaining to hit $40k yet it was simply an issue of time for that to occur and it at long last occurred. The following ATH for Bitcoin to achieve is hitting $100k. This is bound to happen exceptionally before long taking a gander at how Bitcoin moved from $10k to $40k. $100k is probably going to occur in the early however of 2022 or when 2022 is finishing. Saving my Bitcoins for that day.

[bryant.coleman]

We need to consider seriously about a possible market correction. The initial statements from Janet Yellen (Biden's nominee for United States Secretary of the Treasury) indicates that the current administration is going to be much more hostile to the cryptocurrencies when compared to the previous one. And this may have a negative impact on the investment from institutions. I won't be surprised if the prices go back to the levels we had before PayPal adoption.

[Noctis Connor]

I hope bitcoin will go to $50K in this month...

It is really hard for bitcoin to reach this kind of amount in this situation so far bitcoin are dumping and many investors are not that happy if they not sell those coin and waiting for some miracle for those who will buy bitcoin soon also if there's any reason for bitcoin to be pump in that price maybe in the next christmas where people have some reason to do some investment and looking forward to them to make a good profit before the year ends because they think that this kind of method brings luck that you will losing some money.

[South Park]

Bitcoin had always been destine to hit $40k but it was just the matter of time for that to happen and it finally happened. The next ATH for Bitcoin to attain is hitting $100k. This is destine to happen very soon looking at how Bitcoin moved from $10k to $40k.  $100k is very likely to happen in the early but of 2022 or when 2022 is ending.  Saving my Bitcoins for that day.

Holding your coins is probably going to be the best thing that you can do right now, I do not know how long it will take for bitcoin to reach 100k but the one thing I know is that sooner or later it will happen, even if the bull market came to end at worst I expect the price to go back to the 20k level which means that bitcoin will only need to grow 150% from its ATH in order to reach that price and while that is a massive growth it will be considerably easy if more institutional investors keep coming to the market.

[Zemomtum]

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

[TravelMug]

Wow BTC 40,404 all time high.I hope btc touch 43,000

Is there an reason you wanted it to get to $43,000 after it touched 40,404? It is now clear that bitcoin has refused to climb higher than that and it will look like alot of investors are getting afraid buying more. May be they think it is overbought right now. It is clear also that alot of this people are causing the crash because they are selling now in panic and causing price to go down more.

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.

[meldrio1]

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.

[Sithara007]

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.

There will be an impact on the exchange rates in case Elon Musk decides to invest in Bitcoin. But I don't think that there will be much impact from a single tweet. BTW, I am not feeling very optimistic, ever since Janet Yellen was elected as the treasury secretary of the United States. Having someone who is openly hostile to cryptocurrency in that position will have negative consequences.

[Natsuu]

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.

[arufox]

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

We all in bullish market and many coins already created a new ATH, not only Bitcoin but trust me that the real ATH has not come yet. Bitcoin has big potential growth this year and we all will see the ATH which we never meet before. And this is ATH will make shock because  unpredicted by people

[CapGelatik]

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

We all in bullish market and many coins already created a new ATH, not only Bitcoin but trust me that the real ATH has not come yet. Bitcoin has big potential growth this year and we all will see the ATH which we never meet before. And this is ATH will make shock because  unpredicted by people

That's right mate!, Bitcoin reached new ath at $ 42k, of course this is a very fantastic increase,
and I am sure this resistance will again cross, and reach new ath again, reportedly $ 100k will happen this year, if in logic,
then whales will collect a lot of bitcoin, by trading in altcoins, and making Altcoins reach new ath new,
yup Ethereum, Link, and Doge reach new ATH don't miss this opportunity.

[Fredomago]

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

We all in bullish market and many coins already created a new ATH, not only Bitcoin but trust me that the real ATH has not come yet. Bitcoin has big potential growth this year and we all will see the ATH which we never meet before. And this is ATH will make shock because  unpredicted by people

After this year new ATH, there's no surprise anymore as Bitcoin keeps doing it and people around this market are always optimistic those who are really supporting this chain.

The system is already been notice and use by institutional investors and businesses, with them around. We do expect more and more adoptions and increase in value with more possible holders is no longer far.
Just need to keep working with your knowledge and understand all the potential risk, once you overcome everything
you'll be able to decide the right track and your investment will bring you more benefits.

[ShowOff]

After this year new ATH, there's no surprise anymore as Bitcoin keeps doing it and people around this market are always optimistic those who are really supporting this chain.

The system is already been notice and use by institutional investors and businesses, with them around. We do expect more and more adoptions and increase in value with more possible holders is no longer far.
Just need to keep working with your knowledge and understand all the potential risk, once you overcome everything
you'll be able to decide the right track and your investment will bring you more benefits.

If bitcoin adoption increases and investor continue to be interested in buying bitcoin, the price will soon reach 50K. There is a chance that 50K will be hit within this year as we have seen that institutional investor are very interested in bitcoin's potential future. Currently bitcoin is trading at over 32K, there's a lot of support here. Regardless, consider all the risks as these are far more important than uncertain profit.