Bitcoin price stay above $40000?

[Oshosondy]

I think, for now, I see growing positive sentiment that could push the Bitcoin price up to $50k. Even the Bitcoin price has risen above the $40k level to its current $47k position. Therefore, I estimate that the bitcoin price will likely continue to rise and the bitcoin price will likely touch $55k again.

When bitcoin got to $40000, it only takes some hours to move higher, even if it will move back to low price, the next increase were significant to the extent it moved so higher than previous price. After it got to $48150, it has been its peak and it reduced back to $47400. If the price stay long at this present range, it is very possible that bear market is coming. So bears would have been shorting now I guess.

[Wong Gendheng]

A good thing in the last few days because bitcoin continues to rise and almost reaches $50k again, the daily transaction volume that continues to increase makes me optimistic that in april bitcoin prices can reach $60k and of course there will be new ATH again before june or my forecast is April to May.

[barbara44]

I think, for now, I see growing positive sentiment that could push the Bitcoin price up to $50k. Even the Bitcoin price has risen above the $40k level to its current $47k position. Therefore, I estimate that the bitcoin price will likely continue to rise and the bitcoin price will likely touch $55k again.

When bitcoin got to $40000, it only takes some hours to move higher, even if it will move back to low price, the next increase were significant to the extent it moved so higher than previous price. After it got to $48150, it has been its peak and it reduced back to $47400. If the price stay long at this present range, it is very possible that bear market is coming. So bears would have been shorting now I guess.

I believe that the reverse is a bit more possible. I believe that if we are talking about price getting stuck after a big increase that usually means that we hit a barrier and we are regrouping to get better. Doesn't mean that we will be losing much, we could end up getting even better in the long run.

All we need to handle right now is that we should be focusing on regrouping, getting a better support and weakening the resistance level. If we can do that, then we could break above that 48k+ price very easily and be above 50k. Obviously I could be wrong, who knows what bitcoin will do, nobody really "knows", we are just making predictions but I do believe that we are going to do better.

[Oshosondy]

I think, for now, I see growing positive sentiment that could push the Bitcoin price up to $50k. Even the Bitcoin price has risen above the $40k level to its current $47k position. Therefore, I estimate that the bitcoin price will likely continue to rise and the bitcoin price will likely touch $55k again.

The price of bitcoin has be increasing and got above $48000, but the price decreased a little to around $47000, it has been around this price since two or three days ago, if this is getting longer, likely the price of bitcoin may not increase as it started from $38000 and likely the price may decrease more, but I am thinking it will not decrease below $42000 while $40000 would be a strong support.

[mumang siat]

I am been having doubt recently that the price of bitcoin may not stay long above $40000, it is like the market is full of bears than bulls or maybe the bulls have become bears for this time until the next bull phase. Bitcoin increase some days ago above $45000, it decreased back to $41500, then increase again yesterday to $44500. I have predicted that if the price do not touch $45000 and above for now, that it is possible the bears will dominate and which is happening. Since yesterday, the price of bitcoin has slightly been on the decreasing side.

Everyone is expecting bitcoin to get to $50000 again, but I am thinking this is not possible for now, I know the price will increase above $50000 but I think it is not now. But what I am mostly thinking about right now is that will $40000 be a support for bitcoin or will the price still decrease further again making it to touch $30000.

If you look at the developments in the previous year, maybe yes what you said, but hasn't the price decline against bitcoin not yet reached its lowest point until now, indeed the correction and recovery conditions still seem dominant in the market, but I think this will return to normal in the month of May, and I predicting bitcoin will not touch the price of $ 30000 in the future, I am still very optimistic that bitcoin will reach its highest price this year, and hopefully this will be achieved

[Sebas.tian]

I think, for now, I see growing positive sentiment that could push the Bitcoin price up to $50k. Even the Bitcoin price has risen above the $40k level to its current $47k position. Therefore, I estimate that the bitcoin price will likely continue to rise and the bitcoin price will likely touch $55k again.

I agree with you because the price of bitcoin is preparing to hit back $55,000 before the end of this month of April. Since the price of bitcoin has moved from $38,000 to $47,000, show it will definitely hit higher for long term and short term investors to smile again as never before in the community. Despite the price of bitcoin is not too stable yet in the market, but it will be difficult for the price to decrease to $40,000 than to continue increasing till it get to $60,000 that will make everybody not to miss the opportunity, because that is the price everybody is waiting to see before they can sell to make a huge amount of money from their investment.

[TravelMug]

I think, for now, I see growing positive sentiment that could push the Bitcoin price up to $50k. Even the Bitcoin price has risen above the $40k level to its current $47k position. Therefore, I estimate that the bitcoin price will likely continue to rise and the bitcoin price will likely touch $55k again.

I agree with you because the price of bitcoin is preparing to hit back $55,000 before the end of this month of April. Since the price of bitcoin has moved from $38,000 to $47,000, show it will definitely hit higher for long term and short term investors to smile again as never before in the community. Despite the price of bitcoin is not too stable yet in the market, but it will be difficult for the price to decrease to $40,000 than to continue increasing till it get to $60,000 that will make everybody not to miss the opportunity, because that is the price everybody is waiting to see before they can sell to make a huge amount of money from their investment.

I have doubts that we can hit as high as $55k at the end of April. As you can see, the price has  dip to $44k now and I have a gut feeling that it can go to the lower $40k again. Investors will always play the market to matter what, to their liking, be it short or long term goal. But for us retail investors, I would say more of the long term. But we will have to see, for me we are in a bearish path, so definitely the price could go down this year (hopefully I'm wrong with my prediction).

[Semar Mesem]

Actually this is a good opportunity and opportunity to buy bitcoin, seeing the rapid development of bitcoin and being legalized in many countries, I'm optimistic that this year the bitcoin price will reach $100k soon, don't say it's too late if we see bitcoin prices some time.

[bots1]

I am been having doubt recently that the price of bitcoin may not stay long above $40000, it is like the market is full of bears than bulls or maybe the bulls have become bears for this time until the next bull phase. Bitcoin increase some days ago above $45000, it decreased back to $41500, then increase again yesterday to $44500. I have predicted that if the price do not touch $45000 and above for now, that it is possible the bears will dominate and which is happening. Since yesterday, the price of bitcoin has slightly been on the decreasing side.

Everyone is expecting bitcoin to get to $50000 again, but I am thinking this is not possible for now, I know the price will increase above $50000 but I think it is not now. But what I am mostly thinking about right now is that will $40000 be a support for bitcoin or will the price still decrease further again making it to touch $30000.

I think it is very difficult to predict exactly whether the bitcoin price will stay above $40k or will continue to decline until it hits $30k because there are so many factors that can affect the market and also like the current war situation between Russia and Ukraine
Moreover, the last few week the price of bitcoin had dropped to the range of $38k, but now the price of bitcoin has returned to the range of $46-$47k. Therefore, let's see if the current price increase will continue or will it fall again.

[Oshosondy]

I think it is very difficult to predict exactly whether the bitcoin price will stay above $40k or will continue to decline until it hits $30k because there are so many factors that can affect the market and also like the current war situation between Russia and Ukraine
Moreover, the last few week the price of bitcoin had dropped to the range of $38k, but now the price of bitcoin has returned to the range of $46-$47k. Therefore, let's see if the current price increase will continue or will it fall again.

I do not know about world war, but war that have happened in the past in a particular country, or something related to war or crises, people in such area buy more bitcoin. Even in such countries, the price of bitcoin do go up higher than the actually price, people will buy and sell in premium price.

About the war in Ukraine, there was a decrease in price when Putin declared invasion, just little decrease, the price was around $38000 at that time. But before the next 12 hours, the price of bitcoin has risen back. Which means it was caused by panic. The price of bitcoin later increase above $40000 and headed to $48000. The war has no impact than making bitcoin price to increase.

Nobody knows yet where bitcoin price may be heading to this time, it can be below $40000 or above $40000. Although, if below $40000 which is what I am think but guessing, the bull time is still coming when the price will still also rise again.

[buwaytress]

So bears would have been shorting now I guess.

And that's precisely what they were doing, yesterday some selling pressure as limits hit and scalpers took profit but it didn't last long at all. Those sells are wiped out, and buyers have taken the ride up, accumulation phase I'm not fully on board yet, but the signs are definitely getting stronger.

Again, more important this month is not 50k, but to stay above 40k.

[Oshosondy]

The war has no impact than making bitcoin price to increase.

The same central banks may start looking towards cryptocurrencies. For example, the Ukrainian government legalized cryptocurrencies, and the Russian government began to view cryptocurrencies as a way to circumvent sanctions, so the war has a big impact on bitcoin, from raising the price of the asset to accepting bitcoin as a reserve asset and making it legal tender.

Thanks for the analyses, but we are still on the same page, I am not saying the war has no impact on the price of bitcoin but some people always think the impact is that the price of bitcoin will decrease. Like I said, I do not say it has no impact, but the impact is on the positive side which is adoption and increase in bitcoin price.

[slaman29]

I honestly thought yesterday that was it for this time. Touching 48k and then falling and falling and losing 10% in less than a day, no one would have been surprised if it just totally lost hold of 40k.

But we're back up again and btw Ethereum is pushing even higher.

That's usually great news for Bitcoin when others aren't totally reliant on it!

[fzkto]

There is too much talks right now about bitcoin going higher and higher, all the way up to the new ATH, which makes one wonder if that might not happen. Right now we see a bounce from 48k and bitcoin cannot recover yet. It might be temporary, of course, while it is a weekend and the major exchanges are down, but I am not sure that from next week there will definitely be an uptrend. We have to wait for bitcoin to break through the 50k resistance and then we can talk about an uptrend.

[Oshosondy]

Again, more important this month is not 50k, but to stay above 40k.

According to Glassnode, people that are holding are still increasing, even people having less than 1 BTC are holding most. It is very possible the price of bitcoin will not stay below $40000, but not reaching $50000 is not what that can be predictable for now. Most importantly, what people are just experiencing right now is that people holds more than sell.

But we're back up again and btw Ethereum is pushing even higher.

This thread is created about bitcoin price prediction, stayking above or below $40k, it is not about any alctoins. Do not mind this. Let us just focus on speculating what the price of bitcoin could be.

[buwaytress]

Again, more important this month is not 50k, but to stay above 40k.

According to Glassnode, people that are holding are still increasing, even people having less than 1 BTC are holding most. It is very possible the price of bitcoin will not stay below $40000, but not reaching $50000 is not what that can be predictable for now. Most importantly, what people are just experiencing right now is that people holds more than sell.

Not so sure what you're getting at (other than the obvious that below $40k is about as likely as above $50k, if not more likely) but I'd most certainly hold if I had anything less than 1 BTC (sadly, any pretense I have about having anything substantial is invalidated but how hard I'm still working for my BTC heh). What's 10k gain or loss at such "low" numbers, right?

Wondering if April will see a 10% daily bump either way, as that'll probably trigger a serious move.

[MinMan]

Not so sure what you're getting at (other than the obvious that below $40k is about as likely as above $50k, if not more likely) but I'd most certainly hold if I had anything less than 1 BTC (sadly, any pretense I have about having anything substantial is invalidated but how hard I'm still working for my BTC heh). What's 10k gain or loss at such "low" numbers, right?

Wondering if April will see a 10% daily bump either way, as that'll probably trigger a serious move.

I would guess that the logic is that if you could get bitcoin to 50k, sell it there, then buy at 40k that would not be a low amount, that would be a  huge amount of difference. Not just for now, it is exponentially going bigger later on as well. If we have 50k for example, and buy at 50k then we have 1 btc, but if we buy at 0k that means we have 1.25 bitcoin. That means when it reaches 100k, that is 25k difference, when it reaches 1 million then it is 250k difference.

Obviously it is a long term deal to wait for to go up that much, but at the very least we have that chance and possibility and that matters when people are getting in all together. Of course, I agree with you, but I just wanted to explain that view as well.

[fzkto]

Bitcoin is holding in the 38-45k range for now. I think that after it has fallen below 44k we should expect the next stop to be around 40k. So far, we see pressure from those who want to sell and we don't see any big purchases. This is not a good sign. It could be that 48k turned out to be a local peak and now bitcoin is off to find new support. Hopefully this correction will not be too deep!

[Ebede]

I think, for now, I see growing positive sentiment that could push the Bitcoin price up to $50k. Even the Bitcoin price has risen above the $40k level to its current $47k position. Therefore, I estimate that the bitcoin price will likely continue to rise and the bitcoin price will likely touch $55k again.

the price of bitcoin is going up and down and is not stable, if the price will go higher i dont think is between this range of this month and this year we have not experienced 60k worth of bitcoin, and i think we are suppose to expecting such increment by next year

[Odusko]

Bitcoin is holding in the 38-45k range for now. I think that after it has fallen below 44k we should expect the next stop to be around 40k. So far, we see pressure from those who want to sell and we don't see any big purchases. This is not a good sign. It could be that 48k turned out to be a local peak and now bitcoin is off to find new support. Hopefully this correction will not be too deep!

Even though many speculators have forecast Bitcoin moving back to below the 40k region a lot of other whales are taking advantage of the current market to stock more in their bag as the market seems too big for a long period of correction stage and I can right predict $50.000 Bitcoin price before the end of the first quarter.