Bitcoin $40000 resistance

[fzkto]

I too hope that the market will start to rise again soon, but only after bitcoin finishes its correction and accumulation. There are more uses for cryptocurrencies now than ever before, especially in the unstable situation in Ukraine and Russia, when there are a huge number of sanctions and bans on the use of different currencies. It's a good time to get into the cryptocurrency.

[tbterryboy]

Hopefully, they can still be patient in waiting for the price to go up again and can use this time to buy and increase the number of bitcoins. The market has provided an opportunity to buy and sell but many people are too late to buy and sell.

Even though it looks like it's being manipulated, we can get a nice advantage if we can use that moment. Now is a good time to buy and hold because there is a possibility that the price will go up again. Maybe we'll see prices going up and down more often so that's our chance to make the most of it.

Manipulation is not a bad thing if you are on the correct side of it. If you are on the other side then you will be upset about it, but when you are on the side that is manipulating, even if you are not involved with it, you could still profit.

Let's assume that I sell my coins right now, because I just wanted to, felt like it, then some wealthy people manipulated the price to go down, that doesn't mean I worked with them, or know them, or knew they would do that, but I profited from it. Then I buy after it bottomed and they manipulated it to go up a lot, I still profited and yet I have zero contact with them. Try to aim for that, it will be profitable for everyone involved.

[Captain Corporate]

Manipulation is not a bad thing if you are on the correct side of it. If you are on the other side then you will be upset about it, but when you are on the side that is manipulating, even if you are not involved with it, you could still profit.

Let's assume that I sell my coins right now, because I just wanted to, felt like it, then some wealthy people manipulated the price to go down, that doesn't mean I worked with them, or know them, or knew they would do that, but I profited from it. Then I buy after it bottomed and they manipulated it to go up a lot, I still profited and yet I have zero contact with them. Try to aim for that, it will be profitable for everyone involved.

 IF you are on the same side though. Its not always the same side, you can be right at one time or another, but you could also hit the otherside as well. Which is the period where you hate manipulation. And that is fine, it is human nature, you could be on the same side of manipulation and make a lot of money thanks to it and love manipulation, or you could caught off guard and be other opposite side and lose a lot of money and hate it. This is not really that weird, we are all humans, we are flawed, and liking something because it benefits us, or hating it because it hurts us is totally normal, we don't really need to be objective at all times.

[Silberman]

Manipulation is not a bad thing if you are on the correct side of it. If you are on the other side then you will be upset about it, but when you are on the side that is manipulating, even if you are not involved with it, you could still profit.

Let's assume that I sell my coins right now, because I just wanted to, felt like it, then some wealthy people manipulated the price to go down, that doesn't mean I worked with them, or know them, or knew they would do that, but I profited from it. Then I buy after it bottomed and they manipulated it to go up a lot, I still profited and yet I have zero contact with them. Try to aim for that, it will be profitable for everyone involved.

 IF you are on the same side though. Its not always the same side, you can be right at one time or another, but you could also hit the otherside as well. Which is the period where you hate manipulation. And that is fine, it is human nature, you could be on the same side of manipulation and make a lot of money thanks to it and love manipulation, or you could caught off guard and be other opposite side and lose a lot of money and hate it. This is not really that weird, we are all humans, we are flawed, and liking something because it benefits us, or hating it because it hurts us is totally normal, we don't really need to be objective at all times.

Even if you are not directly involved, a good trader will find a way to be on the correct side more often than not, after all in a market that is as big as bitcoin whales have to really try hard to move the market towards their desired direction, and you can see signs of this on different metrics, so if someone is putting attention to those signs then they can get in and out of those movements at the early stages and they will be able to profit from them.

[Fundamentals Of]

These are uncertain times. I personally consider these uncertain times the best of time to buy Bitcoin.

What I am thinking is that so far bitcoin price can fall 5 times of its original price or more after previous three halving, if $69000 is the ATH, it makes me to think it is still possible bitcoin will fall below $30000 and a time when it may fall to almost $20000. I may not be rcorrect but just what I analysed.

What has the reward halving got to do with the possibility that the price will fall down below $30,000 or near $20,000? We are still in March of 2022. The last halving took place in May of 2020 and the next one will happen on block 840,000 which will probably be in the early part of 2024. So in other words we are in the middle of the last halving and the next halving. So why should the next halving influence its price in the next weeks and months? I think there are stronger influences surrounding the price right now than the reward halving.

If you can not read and understand someone properly, better not to quote the person or go back and read what the person post properly. You are turning what I post into misinformation. We have halving in 2012, 2016 and 2020, comparing the highest and the lowest price of bitcoin in each halving, that comparing the highest and the lowest price result to over 5x fall or more in each. Nobody is talking about the block height next halving will occur.

I can read and understand properly. But if you can't write properly, how could you expect others to understand you properly? I was responding to the wrong sense of your response to my post because you are blabbering. I'm sorry I didn't get what you meant by your post. Now I know what you tried to say.

But perhaps you need to learn to stay in context. I was saying the circumstances of the times which are full of uncertainty are reasons for me to buy Bitcoin. My point was that the more uncertain the world appears to be, the better to stay with Bitcoin. But then you quoted my post while giving an out of context reply.

[YOSHIE]

Please, give accurate information as you are think it can be, we all still know that bitcoin price will rise and reach ATH again.

I also think as has happened and as many people know how the ATH process occurs, I think once every four years it will happen like it did in 2017 and 2021, I have strong thoughts that the next ATH will happen around 2024 or 2025.

There is something to remember and I think logically, if ATH 2021 remains the price of Bitcoin at the $30-40k level, I have very strong belief that the next ATH Bitcoin can occupy the $100k level, it could be more.

[TravelMug]

Please, give accurate information as you are think it can be, we all still know that bitcoin price will rise and reach ATH again.

I also think as has happened and as many people know how the ATH process occurs, I think once every four years it will happen like it did in 2017 and 2021, I have strong thoughts that the next ATH will happen around 2024 or 2025.

There is something to remember and I think logically, if ATH 2021 remains the price of Bitcoin at the $30-40k level, I have very strong belief that the next ATH Bitcoin can occupy the $100k level, it could be more.

Possible that the next bull run, we might see the price hitting 6 digits because that's what we wanted to see last year in December. But it wasn't meant to be, after hitting ATH in November we witnessed a downturn, but it you look at previous ATH's it is followed by a bear market and this is it right now. Nevertheless, above $40k price is still very good entry point for the majority and wait till the next bull run in 2024 to make a lot of profits if the price hits $100k or more.

[kapalmabur]

Please, give accurate information as you are think it can be, we all still know that bitcoin price will rise and reach ATH again.

I also think as has happened and as many people know how the ATH process occurs, I think once every four years it will happen like it did in 2017 and 2021, I have strong thoughts that the next ATH will happen around 2024 or 2025.

There is something to remember and I think logically, if ATH 2021 remains the price of Bitcoin at the $30-40k level, I have very strong belief that the next ATH Bitcoin can occupy the $100k level, it could be more.

Possible that the next bull run, we might see the price hitting 6 digits because that's what we wanted to see last year in December. But it wasn't meant to be, after hitting ATH in November we witnessed a downturn, but it you look at previous ATH's it is followed by a bear market and this is it right now. Nevertheless, above $40k price is still very good entry point for the majority and wait till the next bull run in 2024 to make a lot of profits if the price hits $100k or more.

2024 is likely the next halving, if you look at history, the price of Bitcoin has indeed increased after the halving,
look at the Bitcoin halving in 2020, the price of Bitcoin has risen to over $50000, and is currently experiencing a correction,
and that's a natural thing, I also agree resistance is at $40000, hopefully Bitcoin can break $40000 and head to $65000 before 2024.

[rhomelmabini]

I too hope that the market will start to rise again soon, but only after bitcoin finishes its correction and accumulation. There are more uses for cryptocurrencies now than ever before, especially in the unstable situation in Ukraine and Russia, when there are a huge number of sanctions and bans on the use of different currencies. It's a good time to get into the cryptocurrency.

Most sentiment are on your side as well but if the world was still watching the Ukraine-Russia war and other countries paying the prize with hike on oils, I think the crypto market was someway affected for that. Though I just say for the short term. The EO passed recently and and signed by Biden was a way too to sanction Russia but further than that there's some good chance they are for innovation but I'd expect more regulations coming because of this.

[ajochems]

It was reached in a huge value.The investors at that value of 69k dollars was still holding their bitcoin for the pump.But the thing is their was half the price was reduced from the 69k dollars.It was struggling to reach back of 42k dollars.So it's essential one for the investors at high to keep your holding for the longer period.Incase, you was new trader. Looking this trade means, kindly buy of 2 bitcoin for your retirement.

[usekevin]

Every time, the market price of bitcoin will set up at certain resistance. Now the bitcoin price was attained at the resistance of 40k dollars.When the coin in the market, was red. You should buy huge amount of coin with good value.
Waiting for longer for the resistance to over come.When the resistance was braked.We can expected for the new high value of 45k dollars in the bitcoin price.Their was huge fall in the bitcoin price now.

[coolcoinz]

I'll tell you guys a secret that can help you make future trading decisions. Think about the best and the worst thing that can happen with the price based on bitcoin's history and compare the risk.
For instance, at this point we are already -45% from the top, how much room to the downside there is and how much to the upside. You can expect Bitcoin to at least touch the ATH once again at the next halving. If it gets rejected it will be the first time in history, but you will have a chance to sell at 2x from this price. If it goes down it's maybe another -30% and that's it.
So you have a chance of earning over 2x from here, possibly even 2,5x if we go to a new ATH in a year. On the downside we can drop to 25k. I like this odds but if you're scared wait a bit and start buying when we hit 35k again.

[bitterguy28]

The market price of Bitcoin have bounced good. The positive news from the war between Ukraine and Russia seems the reason for the sudden recovery of the price. Ukraine have announced that we won't join NATO and announced that they're ready for talks. Once after this incident, the price of bitcoin grew from the range around $38k and crossed $40k. Once again it tested the major resistance area and trades around $42000. Maybe if there happens more positive news we can see regular rise than decline in the market.

And now returns back to Below 40k ? the price now stands at 39k and seemingly fall down again to 38k later  https://coinmarketcap.com/currencies/bitcoin/

we cannot call this as resistance price because we often fall from 30kish but breaking 40k multiple times, as we almost climb back to 43k yesterday .

so i believe that the resistance is at 50k because last month we took 45k again but of course in shorter time.

[Jating]

It was reached in a huge value.The investors at that value of 69k dollars was still holding their bitcoin for the pump.But the thing is their was half the price was reduced from the 69k dollars.It was struggling to reach back of 42k dollars.So it's essential one for the investors at high to keep your holding for the longer period.Incase, you was new trader. Looking this trade means, kindly buy of 2 bitcoin for your retirement.

Or if they didn't sell at the top, it's better to continue to accumulate when the price goes below $40k. Resistance along this price line is very strong, as we're having a difficult time to break it. And if we do break it, the price will not stay that long as short term traders takes advantage and sell to make a quick profit. And with this kind fo scenario, it's better to really just buy bitcoin whenever you can for your retirement or just for your future and for your children's future.

[onecall123]

It was reached in a huge value.The investors at that value of 69k dollars was still holding their bitcoin for the pump.But the thing is their was half the price was reduced from the 69k dollars.It was struggling to reach back of 42k dollars.So it's essential one for the investors at high to keep your holding for the longer period.Incase, you was new trader. Looking this trade means, kindly buy of 2 bitcoin for your retirement.

Or if they didn't sell at the top, it's better to continue to accumulate when the price goes below $40k. Resistance along this price line is very strong, as we're having a difficult time to break it. And if we do break it, the price will not stay that long as short term traders takes advantage and sell to make a quick profit. And with this kind fo scenario, it's better to really just buy bitcoin whenever you can for your retirement or just for your future and for your children's future.

It happens to me every week, and also those short term traders take advantage. Therefore, this level could remain for a longer period and not be guaranteed. The resistance may break then Bitcoin will change support levels. We might be in for some sideways movement. There are a lot of bears out there. However, we believe there is a bullish pattern ahead.

Have you shorted or continue to buy?

[lienfaye]

Good time to buy when bitcoin price dropped and when bitcoin price will be pump then You can sell it and get good return from it.Two week ago bitcoin price reached under $33k but now average $38k.Previous week bitcoin account was above $40k+ but it $40k to now $38k.i hope next week bitcoin price will hit $40k+ again.

The bold part is what we should do in times like this, and that is to take the situation positively instead of thinking bad on how long we're going to wait before the bullrun occur again because its uncertain. The $40k resistance seems hard to break as the price is struggling to move upward consistently. Thus it would be better to refrain from monitoring the market for a while, it can help to not think negatively that we might experience a long bearish market.

[bitgolden]

It was reached in a huge value.The investors at that value of 69k dollars was still holding their bitcoin for the pump.But the thing is their was half the price was reduced from the 69k dollars.It was struggling to reach back of 42k dollars.So it's essential one for the investors at high to keep your holding for the longer period.Incase, you was new trader. Looking this trade means, kindly buy of 2 bitcoin for your retirement.

Or if they didn't sell at the top, it's better to continue to accumulate when the price goes below $40k. Resistance along this price line is very strong, as we're having a difficult time to break it. And if we do break it, the price will not stay that long as short term traders takes advantage and sell to make a quick profit. And with this kind fo scenario, it's better to really just buy bitcoin whenever you can for your retirement or just for your future and for your children's future.

I do believe that the strong resistance is a bit more relaxed these days. I would like to actually believe that there is a good chance that we could drop under all the supports very easily. Because of this I believe that resistance of 40k, or anything under is not really as strong as we believe it to be strong. The reality is that we are not really doing all that well against resistance points at all.

This is why I am not really hopeful whenever I see these type of situations arise, and people getting hopeful about them. The good news is resistances are also not that bad neither, supports and resistances are there for show if you ask me, we can go under or above them easily.

[Silberman]

Good time to buy when bitcoin price dropped and when bitcoin price will be pump then You can sell it and get good return from it.Two week ago bitcoin price reached under $33k but now average $38k.Previous week bitcoin account was above $40k+ but it $40k to now $38k.i hope next week bitcoin price will hit $40k+ again.

The bold part is what we should do in times like this, and that is to take the situation positively instead of thinking bad on how long we're going to wait before the bullrun occur again because its uncertain. The $40k resistance seems hard to break as the price is struggling to move upward consistently. Thus it would be better to refrain from monitoring the market for a while, it can help to not think negatively that we might experience a long bearish market.

It looks like we'll have to wait some more time as the bitcoin price is still below $40k and it's not yet a year when it will move up again. Yesterday the price of bitcoin managed to reach $39k but unfortunately, the price fell again to the level of $38k. So maybe we can just buy bitcoin or hold back while waiting for the price to rise again. In the long term, bitcoin still has a chance to go up high, and it can even reach its previous highest price because the sentiment to buy bitcoin and make bitcoin an investment asset in crypto is still high.

The price is once again very close to the 40k resistance level but it is failing to breakout away from it and surpassing it, however this should not be surprising at all, after the war at Ukraine began investors were looking for either a fast resolution to the conflict or for peace talks to succeed between the two parties, and we are not seeing either of those two scenarios, so investors all over the world are worried as now the US even threatened China that they will get sanctions imposed on them as well if they support Russia, so the potential scenarios are getting worse instead of getting any better and this is affecting all markets.

[Farma]

I am thinking history is repeating itself, bitcoin reach ATH of $69000, as of that time till now, bitcoin price has been with net decrease. Bitcoin price reach $50000 and later falled below $40000. $40000 is now the present resistance as the price increased above $40000 and decrease below again. What I am thinking right now is that bitcoin market will not favor the buy side and we do not yet know the extent the downturn can be.

What are you people suggesting, is this time to buy bitcoin or a time to just to have sold and wait for another bull market because this time will be more of the bears than bulls while the bulls are turning to bears making the market not to favor the upside.

Please, give accurate information as you are think it can be, we all still know that bitcoin price will rise and reach ATH again.

in fact, in terms of speculation, it is very difficult to give accurate results. it's just that, personally, this might be a good time to buy bitcoins. the reason is, as you said, after the bitcoin price hit $69k, the bitcoin price dropped down, and is at its current price. however, $40k is the price of resistance now. however, I think the potential right now is huge for bitcoin to hit the $45k minimum price again. however, the drop in bitcoin price from $69k to $50k was due to a correction, and the drop in bitcoin price from $50k to its current price was due to a bear market. Currently, there is not enough good news from bitcoin to see its price rise again. but the fact is, the current development of bitcoin in the real world is really growing fast, I even wonder why bitcoin hasn't gone up to its current $50k price. well, i believe that bitcoin price could go up again, so personally, buying at this time is a pretty good thing.

Another source of information, based on research and price analysis conducted by the cointelegraph team on the 14th yesterday, they estimate the decline in the price of bitcoin could reach the deepest price of $37k. well, to date, the price of bitcoin has even gone up to a price of $40k. besides, if this bulls continues, there is a potential for bitcoin price to hit $42.5k in the near term, well, let's hope it can push up to $45k.

[kotajikikox]

The price is once again very close to the 40k resistance level but it is failing to breakout away from it and surpassing it, however this should not be surprising at all, after the war at Ukraine began investors were looking for either a fast resolution to the conflict or for peace talks to succeed between the two parties, and we are not seeing either of those two scenarios, so investors all over the world are worried as now the US even threatened China that they will get sanctions imposed on them as well if they support Russia, so the potential scenarios are getting worse instead of getting any better and this is affecting all markets.

I don't understand that every time it gets close to $40k or is already at $40k, it keeps dropping back to $39k and stabilizes at that price. Maybe this is because the current world conditions are also unstable so this affects all commodities, including crypto. But hopefully, the crypto can bounce back to $40k and keep climbing higher as the price now is at $40k. But indeed, the war in Ukraine impacts the world, although maybe not all countries feel it.

That is a clear reason of not breaking the barricade and not just 40k mate, because Bitcoin crossed 41k today but sadly drops back to 39k, and the saddest part is I have sold some of My bitcoin yesterday because i Badly needed cash not knowing that it will increase by 7% just after 8hours of my selling time lol.

so lets see how this will cross 45k again to show how we can break 50k once again this year.

if there is any chance that we will make it then surely the 60k is possible once again this year.