₿ not going below 40.000 (probably)

[Furious 7]

3. Way more people seems to be very bearish, now. Even a lot of big influencers. Some of them are calling 20.000 $ - 16.000 $.

This is also speculation and most of them are just nonsense because indeed not a few of them are talking but without the existing data and facts.
Just do what you want to do. when they reach that price then why? Are we going to panic? Of course it won't be like that.
on the other hand as they get deeper and deeper of course there are those who create momentum like whales getting ready and some people going in and buying at low prices.

Why do you think Bitcoin will probably not going lower than 40.000?

Now they have started lower than that for the reasons you have mentioned one of which is the still heated situation between Russia and Ukraine.
But there's really no need to be too worried about this, because sooner or later without war, even bearishness will definitely exist as before

[Epaper]

Bitcoin price has surged in the past week from a price range of $38k to $45k. However, this price did not last long, even now the bitcoin price has dropped back to the $38k range. I thought maybe the bitcoin price would fall back below $35k.

[KennyR]

Bitcoin price has surged in the past week from a price range of $38k to $45k. However, this price did not last long, even now the bitcoin price has dropped back to the $38k range. I thought maybe the bitcoin price would fall back below $35k.

At the moment the market isn't stable and it needs good momentum to push it above $40k. Somehow bitcoin took a fast move and broke $39k range but it wasn't able to move the same way. The price failed to break the $39250 barrier and now trading down to $37k. This is a big time for traders, because the volatility has made a massive difference in the price in short time. Precise prediction will let the user buy low and sell high.

[tygeade]

3. Way more people seems to be very bearish, now. Even a lot of big influencers. Some of them are calling 20.000 $ - 16.000 $.

This is also speculation and most of them are just nonsense because indeed not a few of them are talking but without the existing data and facts.
Just do what you want to do. when they reach that price then why? Are we going to panic? Of course it won't be like that.
on the other hand as they get deeper and deeper of course there are those who create momentum like whales getting ready and some people going in and buying at low prices.

Reaching that bearish market is not really the big problem, reaching to bull market is not a goal neither. It is about staying stable enough to actually matter, volatility is not the stable that I am talking about, the stability I am talking about is the reality of regulations and how nations and governments react to it. If we are all still happy with crypto and keep on using it then we are going to end up with a lot better results. That part of adoption and stability is the thing that matters the most.

Russia and Ukraine is not a problem, we are still seeing both nations looking bitcoin positively and doing that even during the war they are having. If that is possible, then we should not be really worried about anything else.

[macson]

Bitcoin price has surged in the past week from a price range of $38k to $45k. However, this price did not last long, even now the bitcoin price has dropped back to the $38k range. I thought maybe the bitcoin price would fall back below $35k.

At the moment the market isn't stable and it needs good momentum to push it above $40k. Somehow bitcoin took a fast move and broke $39k range but it wasn't able to move the same way. The price failed to break the $39250 barrier and now trading down to $37k. This is a big time for traders, because the volatility has made a massive difference in the price in short time. Precise prediction will let the user buy low and sell high.

i'm sure many traders take advantage of moments like this ^{(buy low sell high)} how fast the price changes occur, an observant trader will definitely make big profits.  in the next few months, i don't believe the Bitcoin price will go past $40k, we will definitely see a price range at $30k++ till next few weeks.

[Furious 7]

snip~

~

Reaching that bearish market is not really the big problem, reaching to bull market is not a goal neither. It is about staying stable enough to actually matter, volatility is not the stable that I am talking about, the stability I am talking about is the reality of regulations and how nations and governments react to it. If we are all still happy with crypto and keep on using it then we are going to end up with a lot better results. That part of adoption and stability is the thing that matters the most.

Russia and Ukraine is not a problem, we are still seeing both nations looking bitcoin positively and doing that even during the war they are having. If that is possible, then we should not be really worried about anything else.

Suffice to agree with what you said but indeed in this case of course we also can't rule out Bullish and Bearish even though it doesn't really have much effect, especially for people who invest for a long period of time but this must also be used for our momentum so that we can increase load there.
Recognition and stability are also important because this is what most people really look forward to.

In the case of Ukraine and Russia, it may now have quite an impact because now the Invasion has been carried out by Russia and this of course will have an effect not only for Crypto but also for the economy.

[Fredomago]

Bitcoin price has surged in the past week from a price range of $38k to $45k. However, this price did not last long, even now the bitcoin price has dropped back to the $38k range. I thought maybe the bitcoin price would fall back below $35k.

At the moment the market isn't stable and it needs good momentum to push it above $40k. Somehow bitcoin took a fast move and broke $39k range but it wasn't able to move the same way. The price failed to break the $39250 barrier and now trading down to $37k. This is a big time for traders, because the volatility has made a massive difference in the price in short time. Precise prediction will let the user buy low and sell high.

i'm sure many traders take advantage of moments like this ^{(buy low sell high)} how fast the price changes occur, an observant trader will definitely make big profits.  in the next few months, i don't believe the Bitcoin price will go past $40k, we will definitely see a price range at $30k++ till next few weeks.

With so much pressure on this ongoing war from Russia and Ukraine, it seems that the market is not gaining any positive movement
it's tough to rush yourself and buy your asset. It might take some time before we see new money to flow and bring good positive
pressure, better to keep your calmness up and analyze deeper.

Scalping is still possible if you are willing to take the risk, it's good for those who are good in anticipating the moving market.  

[Yaunfitda]

Bitcoin price has surged in the past week from a price range of $38k to $45k. However, this price did not last long, even now the bitcoin price has dropped back to the $38k range. I thought maybe the bitcoin price would fall back below $35k.

At the moment the market isn't stable and it needs good momentum to push it above $40k. Somehow bitcoin took a fast move and broke $39k range but it wasn't able to move the same way. The price failed to break the $39250 barrier and now trading down to $37k. This is a big time for traders, because the volatility has made a massive difference in the price in short time. Precise prediction will let the user buy low and sell high.

i'm sure many traders take advantage of moments like this ^{(buy low sell high)} how fast the price changes occur, an observant trader will definitely make big profits.  in the next few months, i don't believe the Bitcoin price will go past $40k, we will definitely see a price range at $30k++ till next few weeks.

I disagree though, I'm a bearish person this year, but what we have seen today, the growth itself, convince me that the price could touch $40k again, it's just a question of time. I think the relative strength of bitcoin could settle around $43'ish and that is the price that we could see bitcoin stablised for this year and not below it.

[eaLiTy]

~
I disagree though, I'm a bearish person this year, but what we have seen today, the growth itself, convince me that the price could touch $40k again, it's just a question of time. I think the relative strength of bitcoin could settle around $43'ish and that is the price that we could see bitcoin stablised for this year and not below it.

I am also expecting a huge correction this year and the market turning bearish but when the Russia Ukraine war started, the market started dropping drastically but i was skeptical because i was expecting everyone to move their assets to safer ones like BTCitcoin when you are under attack and that is what happened as the market recovered quickly after a sharp decline. Global situation will determine when we will have a major correction.

[Jating]

~
I disagree though, I'm a bearish person this year, but what we have seen today, the growth itself, convince me that the price could touch $40k again, it's just a question of time. I think the relative strength of bitcoin could settle around $43'ish and that is the price that we could see bitcoin stablised for this year and not below it.

I am also expecting a huge correction this year and the market turning bearish but when the Russia Ukraine war started, the market started dropping drastically but i was skeptical because i was expecting everyone to move their assets to safer ones like BTCitcoin when you are under attack and that is what happened as the market recovered quickly after a sharp decline. Global situation will determine when we will have a major correction.

Yep, in the last 48 hours, the price remains very solid and there is no sharp decline, meaning not enough sellers in the market. I agree that global situation is sometimes the most important factor whether the price will go down and up. But so far, the war seems to be very positive for crypto market as we might have a good attempt at $40k range.

[carolynpatterson]

No one can be sure about this. Bitcoin value might fall below 40K or even 10K. But if we see the past price movement of Bitcoin, no matter how much the price has fallen the value of Bitcoin has always eventually risen.

[kotajikikox]

Why do you think Bitcoin will probably not going lower than 40.000?

personally I never thought of this , instead i expected that bitcoin will downfall to even 30k and asking why?
because i wanna buy cheaper again lol.

actually i feel sad because of the increase because i thought we are nearing 25k 

but its fine because my holding is enough to make me rich if the price reached 100k in future .

This is a preparatory step for us to buy bitcoins in large quantities, some people expect it to happen in times of correction like this, then what about those who have bought at a higher price, if the price of bitcoin falls free at 30 thousand, this seems unlikely to happen again for bitcoin to be at a price like that, there are factors that affect bitcoin both down and up, but I think reaching the lowest price is not possible anymore.

There are 2 types of people inside crypto and in bitcoin. Those who earns and of course those who losses in which meaning for others to gain there must be a loser right?so Let them buy in large quantities and let others lose large as well.
for me it does not matter what happen today because it is the future whom will decide for all of us.
buy now and sell later that is the idea we must follow .

[Ararbermas]

No one can be sure about this. Bitcoin value might fall below 40K or even 10K.

40k is possible from the ATH but 10k? I don't think so.
Because I've been here in crypto space since 2016 and to be honest i never see bitcoin collapse from the ATH and fell like a rock, i mean not literally that seems the end is near..
I can't imagine what will be the reaction of some enthusiast if however they saw bitcoin suddenly collapse from 10k and the and current ATH is 60k.

[suzanne5223]

No one can be sure about this. Bitcoin value might fall below 40K or even 10K.

40k is possible from the ATH but 10k? I don't think so.
Because I've been here in crypto space since 2016 and to be honest i never see bitcoin collapse from the ATH and fell like a rock, i mean not literally that seems the end is near..
I can't imagine what will be the reaction of some enthusiast if however they saw bitcoin suddenly collapse from 10k and the and current ATH is 60k.

Yes, Bitcoin never fell like a rock below its initial lowest price before the halving effect ATH market as you claimed but the market is full of possibilities, and the last time i checked the major investor of this current market is the institution which I believe most of them is yet to understand how crypto market works,
If the market replicates the old market correction/blood bath that always happens after Bitcoin halving effect market is over if the institutional investors panic sells their holding we may see the $10K price.

[Falconer]

Yes, Bitcoin never fell like a rock below its initial lowest price before the halving effect ATH market as you claimed but the market is full of possibilities, and the last time i checked the major investor of this current market is the institution which I believe most of them is yet to understand how crypto market works,
If the market replicates the old market correction/blood bath that always happens after Bitcoin halving effect market is over if the institutional investors panic sells their holding we may see the $10K price.

People are very confident about bitcoin's long term potential and therefore probably $10K will not be touched again after ATH $69K. I just think the bottom may be above $20K if the correction continues for the full year, and I think $20K will be strong support for bitcoin before hitting another ATH in the future.

Institutional investors, bitcoin whales, and panicked traders will quickly sway the price if supply is higher than demand. Obviously it will continue to be a determining factor in the price of bitcoin and in fact we never know what will happen to the future of bitcoin including its price. If you believe in good potential in the future, you just need to collect bitcoins now and whenever you can.

[Dave1]

As we enter Maret, I don't think the bitcoin price will drop below $40k again as the crypto market has rebounded and the bitcoin price has returned to the $44k level after the last few months of deep declines. However, in the last few days, the crypto market has started to weaken again and the bitcoin price has dropped to as low as $40k. But I'm sure if the bitcoin price will rise again at least it will reach its price target above $45k in the near futur.

Ah, but if you look at the 4 hour timeframe, we are indeed on the boundaries of $40k. So after a huge rebound in the last week, as high as 12% increased and it goes to $45k almost, the price has been in the decline today. Not sure what happens, but we are dangling around $40k-$41k'ish. I'm just thinking that the sell off had happen because we can't get over the resistance of $45k so we need to reset again to this price. Hopefully it won't go below $40k again because it will be a disaster, just saying.

[OgNasty]

We’re terribly close to $40K to have people saying it won’t fall below that level. We seem stuck in a trading range between $33-43K. We’ll need a move well above $43K and to hold it before I’d count out heading back to $33K. We’ll see how things play out. A lot of uncertainty hanging above the market right now with the gox and finex funds set to possibly hit the market in a few months. It’s starting to feel like the moonshot to $200K won’t be happening for a few more years. It is great to see short sellers getting liquidated instead of longs though.

[antmex]

On my opinion BTC will go dramatically lower if it can’t hold this level. The daily chart looking horrible for me.
There was strong resistance around 44450 levels. It always failed to break this area and goes lower from here.
Look at the chart: https://www.tradingview.com/x/Zp5dgsf3
Of the red line will not hold, i think it will go lower. Let’s hope it found support again within this range.

[Dave1]

On my opinion BTC will go dramatically lower if it can’t hold this level. The daily chart looking horrible for me.
There was strong resistance around 44450 levels. It always failed to break this area and goes lower from here.
Look at the chart: https://www.tradingview.com/x/Zp5dgsf3
Of the red line will not hold, i think it will go lower. Let’s hope it found support again within this range.

Next stop will be $38k, we've broken the resistance of $40k already so there no point of talking about $44k or resistance above it.

Hopefully this will be the same like 2 weeks ago, when we dramatically lost the $40k support, the price seems to bounce back and hit $45k, so let's see, at the background there is still the noise of the war and hopefully we can see the price going back again despite what is happening in Europe.

[suzanne5223]

Yes, Bitcoin never fell like a rock below its initial lowest price before the halving effect ATH market as you claimed but the market is full of possibilities, and the last time i checked the major investor of this current market is the institution which I believe most of them is yet to understand how crypto market works,
If the market replicates the old market correction/blood bath that always happens after Bitcoin halving effect market is over if the institutional investors panic sells their holding we may see the $10K price.

People are very confident about bitcoin's long term potential and therefore probably $10K will not be touched again after ATH $69K. I just think the bottom may be above $20K if the correction continues for the full year, and I think $20K will be strong support for bitcoin before hitting another ATH in the future.

Institutional investors, bitcoin whales, and panicked traders will quickly sway the price if supply is higher than demand. Obviously it will continue to be a determining factor in the price of bitcoin and in fact we never know what will happen to the future of bitcoin including its price. If you believe in good potential in the future, you just need to collect bitcoins now and whenever you can.

I agreed with what you said about Bitcoin experiencing strong support if it happens that it downtrend to $20K but I think we should be happy for the institutional investor enthusiasm level about the Bitcoin market which prevents the market from experiencing the huge market correction that always happens after the halving market.
Having said that, we're talking about the crypto market here where the impossible can help and a single statement by the FED could lead to the exit of the institutional investor.