Bitcoin price stay above $40000?

[ultrloa]

this thread is now having sense because the price of bitcoin now stays below 40 k and that is what OP is asking actually so  lets assume that this will be the level for the whole quarter or even the next by april to june?

sad to believe but i think we must admit that this situation will get worst in the next following weeks and months.

If the war between Ukraine and Russia will come to worse which is currently happening right now then maybe we can see more dumps to come as many people will be afraid on possible crisis scenario and fuds will spread in cryptocurrency scene so I guess the one we need to do is to prepare if major dump came(hopefully not) and prepare for another funds to buy at the cheapest price it may possibly go.

Unfortunately we cannot do nothing except to assume the worst possible scenario, the world was hopeful that a war could be avoided and the conflicts at Ukraine could be solved peacefully, but now those hopes are broken and this is being reflected in all the markets around the world, and of course bitcoin is being affected by it as well, the question is how long the war will last? As a long war will be bad for the economies of the world that were just recovering from the impact of the pandemic.

Russia already initiate the attack and Putin say this not negotiable anymore so we can expect more worse in next following days since Russian troops are now aggressive to penetrate on Ukrainian borders. And the bad effect of it will continue and might will go to worse if there are other countries like US will join the fight against Russia so maybe what we need to do is prepare for bad situation to come.

[Dave1]

this thread is now having sense because the price of bitcoin now stays below 40 k and that is what OP is asking actually so  lets assume that this will be the level for the whole quarter or even the next by april to june?

sad to believe but i think we must admit that this situation will get worst in the next following weeks and months.

If the war between Ukraine and Russia will come to worse which is currently happening right now then maybe we can see more dumps to come as many people will be afraid on possible crisis scenario and fuds will spread in cryptocurrency scene so I guess the one we need to do is to prepare if major dump came(hopefully not) and prepare for another funds to buy at the cheapest price it may possibly go.

Unfortunately we cannot do nothing except to assume the worst possible scenario, the world was hopeful that a war could be avoided and the conflicts at Ukraine could be solved peacefully, but now those hopes are broken and this is being reflected in all the markets around the world, and of course bitcoin is being affected by it as well, the question is how long the war will last? As a long war will be bad for the economies of the world that were just recovering from the impact of the pandemic.

Russia already initiate the attack and Putin say this not negotiable anymore so we can expect more worse in next following days since Russian troops are now aggressive to penetrate on Ukrainian borders. And the bad effect of it will continue and might will go to worse if there are other countries like US will join the fight against Russia so maybe what we need to do is prepare for bad situation to come.

True, the war has started already. But did you notice though that price of bitcoin today? despite the news, the price seems to be not bothered all. On the contrary, we've seen it almost touching $39k and it's hard to know that is the reason for the sudden spike in prices, yesterday it was -10% decrease now it's flip, we've experience a huge -10% increase. So the next question is, can we get over $40k again or is this pure manipulation again?

[STT]

Decent recovery yesterday alongside a few other asset types, large amount of volume with the positive price action.  Now current highs are just under a weekly average, Im optimistic it can gain further even if just going sideways here.  Eventually should register above 40k, prospects for this just rely on digestion of past gains and a hold at these prices I think

38k to 37k at lowest would be the ideal to see till next week.  It could be alot more positive then that before then but just holding here seems a place to remain optimistic.
   On a daily closing bar basis we did maintain above the lowest range of prices for this year.  The intraday low was higher then prior low, some positives to note.

[peter0425]

this thread is now having sense because the price of bitcoin now stays below 40 k and that is what OP is asking actually so  lets assume that this will be the level for the whole quarter or even the next by april to june?

sad to believe but i think we must admit that this situation will get worst in the next following weeks and months.

If the war between Ukraine and Russia will come to worse which is currently happening right now then maybe we can see more dumps to come as many people will be afraid on possible crisis scenario and fuds will spread in cryptocurrency scene so I guess the one we need to do is to prepare if major dump came(hopefully not) and prepare for another funds to buy at the cheapest price it may possibly go.

But its good to see that after a day mate when the war started? we now seeing a growing market as there are greening happening , bitcoin climbing back to 38k and of course followed by altcoins.
this maybe a indication that the war between Russia and Ukraine does not really bringing bad effect in market at all.
so Lets enjoy those who are in profit who bought when the price fell down to 33k .

[Epaper]

I think the bitcoin price will continue to move up above $40k. Even now the price of bitcoin is back at $39k after the last few days it has decreased in the range of $34k. At the current chart movement, it can be seen that the Bitcoin price is still rising, the possible target price will be around $42k. I see the Bitcoin price has seen strong signs of a reversal back to the upside since the last two days.

[jaberwock]

.....

sad to believe but i think we must admit that this situation will get worst in the next following weeks and months.

I hope that the sadness that you anticipate does not last long but there is a bright hope that with the start of many countries recognizing bitcoin will make good news for the development of bitcoin. although it is certainly not easy because we know that bitcoin has made unstable movements from the start and continues to easily fall back even though it has increased.

it's hard to expect bitcoin to stay at a price above $40K, because it keeps going back down and what's currently expected is hopefully bitcoin doesn't drop below $30K, of course it will be bad news and will continue to drag on like you said which will probably be the next month that price will continue to occur.

I agree on what @peter0425 said. Situation can get worst sooner or later not because of other things but due to the war's that are happening now. This is not a fud that we are spreading but its a fact. This is not a reason for us to feel bad or feel scared but lets be strong, stay motivated and continue buying and holding because the future of btc is surely gonna be bright.

This is another fact that cant be erased, we need to take note of that. We also need to keep in mind that btc's nature is volatile. Hoping for the price to stay on one position can be a difficult thing to achieve. Instead, we can ask questions like if btc can touch this "xxx" amount, as that is more possible.

[BITCOIN4X]

I agree on what @peter0425 said. Situation can get worst sooner or later not because of other things but due to the war's that are happening now. This is not a fud that we are spreading but its a fact. This is not a reason for us to feel bad or feel scared but lets be strong, stay motivated and continue buying and holding because the future of btc is surely gonna be bright.

This is another fact that cant be erased, we need to take note of that. We also need to keep in mind that btc's nature is volatile. Hoping for the price to stay on one position can be a difficult thing to achieve. Instead, we can ask questions like if btc can touch this "xxx" amount, as that is more possible.

Most people were surprised by yesterday's quick bitcoin price correction because to be honest the Russian and Ukrainian effects have left many people doubting about its recovery. Bitcoin is a trading asset that is known to be highly volatile and carries a high risk of loss when a trader or investor cannot convince himself to hold on to a correction. When they sell at a lower price than the buy price they have lost some money.

Doubts about a deeper decline due to the war are plausible reasons why people panic to sell. I don't know if those living in Russia or Ukraine felt comfortable holding bitcoins during the conflict, but it seems the war has influenced them to sell their bitcoin (some or all).

[Mamun74]

Bitcoin price back Under $40k again but i think bitcoin price will above $40k+ end of February. I still believe bitcoin price movement correction. 2021 bitcoin price was under $30k similar time but now bitcoin price around $37k+ i hope bitcoin price grow up again this year and i hope bitcoin development wil more increase also.

[GeorgeJohn]

I think the bitcoin price will continue to move up above $40k. Even now the price of bitcoin is back at $39k after the last few days it has decreased in the range of $34k. At the current chart movement, it can be seen that the Bitcoin price is still rising, the possible target price will be around $42k. I see the Bitcoin price has seen strong signs of a reversal back to the upside since the last two days.

Bitcoin price is not predictable and their is no assurance that Bitcoin is basically going to pin at this particular price at moment, we all know that bitcoin always fluctuates, two days now the price is moving is going up and down, some predictors seems Bitcoin like what will accelerate to fifty thousand (50k), and at this point Bitcoin is at thirty eight thousand (38k) so no one actually know if the price will fall below thirty thousand (30). In summary know one knows Bitcoin determination or next movement because no one knows who is entering the market to boast the market.

[buwaytress]

Doubts about a deeper decline due to the war are plausible reasons why people panic to sell. I don't know if those living in Russia or Ukraine felt comfortable holding bitcoins during the conflict, but it seems the war has influenced them to sell their bitcoin (some or all).

This isn't even the first time people consider what happens to holders and investors in times of conflict and physical uncertainty and I think the idea that people hold more to preserve it from capture is a bit out of evidenced behaviour.

The only thing keeping Bitcoin stashed is those transporting wealth. That is safer and much more discrete than Hiding gold and precious stones to transport alongside flight. Do not even need to physically carry anyhing if you secure private keys to be retrieved later.

Otherwise, considering myself, and am sure what most people do in crisis, I would liquidate for emergency expenses. Travel, fees, bribes, whatever. Crisis is a selling requirement.

[Silberman]

True, the war has started already. But did you notice though that price of bitcoin today? despite the news, the price seems to be not bothered all. On the contrary, we've seen it almost touching $39k and it's hard to know that is the reason for the sudden spike in prices, yesterday it was -10% decrease now it's flip, we've experience a huge -10% increase. So the next question is, can we get over $40k again or is this pure manipulation again?

Right now the price is above that level and it seems we are going to close above it today, but things are simply too unpredictable at the moment, the number and the extent of the sanctions that we are seeing against the Russian government is increasing, and while this is the correct thing to do, at the same time this will have a negative effect over the world economy, and we could see another important decrease in the price during the next weeks.

[Reid]

Right now the price is above that level and it seems we are going to close above it today, but things are simply too unpredictable at the moment, the number and the extent of the sanctions that we are seeing against the Russian government is increasing, and while this is the correct thing to do, at the same time this will have a negative effect over the world economy, and we could see another important decrease in the price during the next weeks.

Talk about unpredictability, it happened again. $43k. IMO, this is the time they are buying Bitcoin to keep as their stash rather than in gold or hard cash. This way they could bring it quietly without any questions and also for security. Just remembering the seed phrase is all that matters.
Could this be Ukranians buying it or are this Russians trying to keep their money stay in value while their economy is crumbling? That's all the reason I could see because the spike was too sudden.

[ibuddy122505]

Right now the price is above that level and it seems we are going to close above it today, but things are simply too unpredictable at the moment, the number and the extent of the sanctions that we are seeing against the Russian government is increasing, and while this is the correct thing to do, at the same time this will have a negative effect over the world economy, and we could see another important decrease in the price during the next weeks.

Talk about unpredictability, it happened again. $43k. IMO, this is the time they are buying Bitcoin to keep as their stash rather than in gold or hard cash. This way they could bring it quietly without any questions and also for security. Just remembering the seed phrase is all that matters.
Could this be Ukranians buying it or are this Russians trying to keep their money stay in value while their economy is crumbling? That's all the reason I could see because the spike was too sudden.

Russia-Ukranian clashes lead the new bullish move, in this way it happened again $43k. Russian Ruble is facing incredibly troublesome stage as multiple sanction coming constantly. Russian Ruble continues falling regardless of offering doubles interest rate. Additionally trading volumes in Bitcoin using the ruble have surged to the most significant level since may 2021. It appears that Russian people trust on Bitcoin over their national currency Ruble.

[poldanmig]

Doubts about a deeper decline due to the war are plausible reasons why people panic to sell. I don't know if those living in Russia or Ukraine felt comfortable holding bitcoins during the conflict, but it seems the war has influenced them to sell their bitcoin (some or all).

The impact of the war that occurred today in ukraine of course triggered considerable panic for bitcoin holders, thus making them prefer to sell their bitcoins and prefer to invest in more stable altcoins such as usdt today, although today we can see the price of bitcoin has improved a little, but in my opinion the decline in the bitcoin market could happen again if the war escalates and spreads between russia and ukraine which may be helped by nato, so the increase in bitcoin prices today in my opinion is less  convincing.

[arwin100]

Right now the price is above that level and it seems we are going to close above it today, but things are simply too unpredictable at the moment, the number and the extent of the sanctions that we are seeing against the Russian government is increasing, and while this is the correct thing to do, at the same time this will have a negative effect over the world economy, and we could see another important decrease in the price during the next weeks.

Talk about unpredictability, it happened again. $43k. IMO, this is the time they are buying Bitcoin to keep as their stash rather than in gold or hard cash. This way they could bring it quietly without any questions and also for security. Just remembering the seed phrase is all that matters.
Could this be Ukranians buying it or are this Russians trying to keep their money stay in value while their economy is crumbling? That's all the reason I could see because the spike was too sudden.

Russia-Ukranian clashes lead the new bullish move, in this way it happened again $43k. Russian Ruble is facing incredibly troublesome stage as multiple sanction coming constantly. Russian Ruble continues falling regardless of offering doubles interest rate. Additionally trading volumes in Bitcoin using the ruble have surged to the most significant level since may 2021. It appears that Russian people trust on Bitcoin over their national currency Ruble.

They don't have a choice but to trust bitcoin for now since there are so many sanctions and the usage of their own currency is so limited at the moment so their adoption towards bitcoin is not surprising since this looks like their safe heaven right now. If Russian government will take this more harder for sure more country will impose or support the sanction given to them so hopefully Putin will realize this and it will make their economy more at huge risk if he continue to high up his pride towards his decisions made earlier.

[Vaskiy]

You said something very nice. In the current state of Bitcoin, nothing can be said accurately. Because if the price of Bitcoin is pumped at 2% then after a few days it becomes 10% dump. Trading at this time is also very risky. I think if the bitcoin goes to 50K then after a few days bitcoin can come to 35K.

For the increase in the price that we're experiencing by now will undergo price correction. By that time we'll come to know the market crash. This is the time to profit for the traders, because of the good volatility that is being experienced regularly. With this ongoing market rise there is no impact of the whales, the growth is happening out of people's investment than the institutional investment. So, this time the growth is real and nothing manipulated or something out of panic.

[RealMalatesta]

Russia-Ukranian clashes lead the new bullish move, in this way it happened again $43k. Russian Ruble is facing incredibly troublesome stage as multiple sanction coming constantly. Russian Ruble continues falling regardless of offering doubles interest rate. Additionally trading volumes in Bitcoin using the ruble have surged to the most significant level since may 2021. It appears that Russian people trust on Bitcoin over their national currency Ruble.

They don't have a choice but to trust bitcoin for now since there are so many sanctions and the usage of their own currency is so limited at the moment so their adoption towards bitcoin is not surprising since this looks like their safe heaven right now. If Russian government will take this more harder for sure more country will impose or support the sanction given to them so hopefully Putin will realize this and it will make their economy more at huge risk if he continue to high up his pride towards his decisions made earlier.

The number of wallets with 1k+ bitcoins has increased insanely high right after the sanctions. I mean do we really believe that it was all thanks to bitcoin being hyped, or just pure coincidence that it happened now? It is obvious that Russian oligarchs ended up buying bitcoin in bulks.

Even the show Zelensky played showed oligarchs that ruled over the nation in hiding, do you really think those people would be happy with Putin right now? All of their money gone because of him. So they will go to bitcoin, and try to get another person elected, and after that we are going to end up with some sort of situation where they can go back to ruble in the future when all the dust is settled. Until then, I believe bitcoin will do fine.

[uneng]

Russia-Ukranian clashes lead the new bullish move, in this way it happened again $43k. Russian Ruble is facing incredibly troublesome stage as multiple sanction coming constantly. Russian Ruble continues falling regardless of offering doubles interest rate. Additionally trading volumes in Bitcoin using the ruble have surged to the most significant level since may 2021. It appears that Russian people trust on Bitcoin over their national currency Ruble.

They don't have a choice but to trust bitcoin for now since there are so many sanctions and the usage of their own currency is so limited at the moment so their adoption towards bitcoin is not surprising since this looks like their safe heaven right now. If Russian government will take this more harder for sure more country will impose or support the sanction given to them so hopefully Putin will realize this and it will make their economy more at huge risk if he continue to high up his pride towards his decisions made earlier.

The number of wallets with 1k+ bitcoins has increased insanely high right after the sanctions. I mean do we really believe that it was all thanks to bitcoin being hyped, or just pure coincidence that it happened now? It is obvious that Russian oligarchs ended up buying bitcoin in bulks.

Even the show Zelensky played showed oligarchs that ruled over the nation in hiding, do you really think those people would be happy with Putin right now? All of their money gone because of him. So they will go to bitcoin, and try to get another person elected, and after that we are going to end up with some sort of situation where they can go back to ruble in the future when all the dust is settled. Until then, I believe bitcoin will do fine.

That is true. I've seen bitcoin transactions' volume in Russia increased 150% in the past days, while ruble severely dropped. That is the highest volume in 9 months and refer to more than 1,5 billion rubles.

In Ukraine a similar situation is happening between the local currency and bitcoin, although in minor scale.

Probably bitcoin has been able to almost hit 44,000$ again for this reason, but I don't see this as a big impact.

[STT]

Here is the recent range in March, we are losing the 2 day average which is a fast measure for momentum.   We now test the lower ends of the range most likely and dollar is relatively strong so it is good test of resolve for bullish recent action.  Weekly, monthly and also 50 day average are all quite close to 40k area so we might test that common area of significance but for now I think we continue quite bullish with increasing higher lows.

[Obito]

Bitcoin price back Under $40k again but i think bitcoin price will above $40k+ end of February. I still believe bitcoin price movement correction. 2021 bitcoin price was under $30k similar time but now bitcoin price around $37k+ i hope bitcoin price grow up again this year and i hope bitcoin development wil more increase also.

Bitcoin is doing just fine staying above 40k, definitely there's a correction but I think that it's nothing to worry about, hopefully by that time that it happens, I would be able to buy a small amount and hopefully get a decent profit. Just hodl and hope that the price will go up and it definitely will because there's the war in Europe right now and bitcoin can benefit from it if Russia gets more economic sanctions in them.