Bitcoin Breaks Past The $40,000 Barrier Again?

[AjithBtc]

Even though the bitcoin price is currently trading at around $38k, I don't think bitcoin will have any obstacle to hitting $40k again. Even a few weeks ago the price of bitcoin had gone up in the $47k area. Therefore I believe that the bitcoin price will soon rise back above the $40k area in the next few weeks.

There is more prediction stating that the ongoing year as a bearish one. To the prediction the market is behaving in the same pattern. Same time the price of bitcoin could go any high in no time. As per my understanding about the market even after reaching high price, bitcoin wasn't able to breach barriers to continue on the bullish track. Possibly for that reason we it could go down and re-bounce anytime.

[Baofeng]

Even though the bitcoin price is currently trading at around $38k, I don't think bitcoin will have any obstacle to hitting $40k again. Even a few weeks ago the price of bitcoin had gone up in the $47k area. Therefore I believe that the bitcoin price will soon rise back above the $40k area in the next few weeks.

There is more prediction stating that the ongoing year as a bearish one. To the prediction the market is behaving in the same pattern. Same time the price of bitcoin could go any high in no time. As per my understanding about the market even after reaching high price, bitcoin wasn't able to breach barriers to continue on the bullish track. Possibly for that reason we it could go down and re-bounce anytime.

It should be obvious by now, this is a the start of a bearish market, just like 2018. So it will be very long year for us and I expect the price to really goes down in the lower $30k. So it's better to face the harsh truth instead of "hoping" that it will soon rise and go back to $40k area.

But in any case, as we have learned lessons from 2018, this is a great opportunity for us to hoard, accumulate BTC for long term. We can enter at this price range, or doing DCA monthly will be a good strategy.

[StreakW]

Bitcoin (BTC) reached an all-time high of $68,788 per coin on November 10, 2021.

Since then, the world’s most sought-after cryptocurrency has experienced extraordinary volatility, and the market has appeared reactive and fragile, with the Fear & Greed Index indicating a high level of doubt and uncertainty.

Since January 5, the price of BTC has fluctuated between $35,000 and $45,000, a relatively narrow range considering the currency’s track record of fluctuation.

As a result, this could be the start of a long-awaited period of stabilization for the market’s top digital asset.

Soruce: https://www.newsbtc.com/news/bitcoin-breaks-past-the-40000/

I think the crypto market is starting to creep down as the bitcoin price has hit the $34k price level again and several other major altcoins are trading unstable at the moment. Therefore, overall the market seems to be starting to experience a price decline and is heading towards the red zone at the moment and potentially experiencing a correction trend in the next few weeks.

[rodskee]

More than 4 months the price of Bitcoin is in the range of $ 40K, when in early April the price of Bitcoin is almost $ 50k, I am optimistic that it will continue to rise, unfortunately there is another correction so as to make prices fall and look stable in the range of $ 40K. But I am optimistic that in May now the price will soon hit $ 50k.

stop calling it as correction when there are no basis at all, what is the price to be corrected at all when you clearly mention that the price range stays at 40k?


correction will take place if there is a big Pump and investors are taking their profit from their Holdings .


but looking at the market now? it is seemingly that there are manipulation that happening in which Whales loves to do, and also if there is a correction ? it must be in the mid of april and not this May .

Even though the bitcoin price is currently trading at around $38k, I don't think bitcoin will have any obstacle to hitting $40k again. Even a few weeks ago the price of bitcoin had gone up in the $47k area. Therefore I believe that the bitcoin price will soon rise back above the $40k area in the next few weeks.

Look at it now and call it your self , The value is continuously dumping and there are some thoughts that this will continue to lowered below 25k .

[Reatim]

Bitcoin (BTC) reached an all-time high of $68,788 per coin on November 10, 2021.

Since then, the world’s most sought-after cryptocurrency has experienced extraordinary volatility, and the market has appeared reactive and fragile, with the Fear & Greed Index indicating a high level of doubt and uncertainty.

Since January 5, the price of BTC has fluctuated between $35,000 and $45,000, a relatively narrow range considering the currency’s track record of fluctuation.

As a result, this could be the start of a long-awaited period of stabilization for the market’s top digital asset.

Soruce: https://www.newsbtc.com/news/bitcoin-breaks-past-the-40000/

I think the crypto market is starting to creep down as the bitcoin price has hit the $34k price level again and several other major altcoins are trading unstable at the moment. Therefore, overall the market seems to be starting to experience a price decline and is heading towards the red zone at the moment and potentially experiencing a correction trend in the next few weeks.

it has been said mate , now the price is dropping and badly reaches the lowest of 31k

https://coinmarketcap.com/currencies/bitcoin/

and seeing the market moves? there are still something that may happen badly in the next coming days .
Maybe there is a chance that we Hit 25 or 20k back again and this sudden me thinking that i did not sold my coins while in 48k .

[StreakW]

Bitcoin (BTC) reached an all-time high of $68,788 per coin on November 10, 2021.

Since then, the world’s most sought-after cryptocurrency has experienced extraordinary volatility, and the market has appeared reactive and fragile, with the Fear & Greed Index indicating a high level of doubt and uncertainty.

Since January 5, the price of BTC has fluctuated between $35,000 and $45,000, a relatively narrow range considering the currency’s track record of fluctuation.

As a result, this could be the start of a long-awaited period of stabilization for the market’s top digital asset.

Soruce: https://www.newsbtc.com/news/bitcoin-breaks-past-the-40000/

I think the crypto market is starting to creep down as the bitcoin price has hit the $34k price level again and several other major altcoins are trading unstable at the moment. Therefore, overall the market seems to be starting to experience a price decline and is heading towards the red zone at the moment and potentially experiencing a correction trend in the next few weeks.

it has been said mate , now the price is dropping and badly reaches the lowest of 31k

https://coinmarketcap.com/currencies/bitcoin/

and seeing the market moves? there are still something that may happen badly in the next coming days .
Maybe there is a chance that we Hit 25 or 20k back again and this sudden me thinking that i did not sold my coins while in 48k .

Right. When referring to the charts in the market, it is seen that bitcoin is still moving on a downward rail. If bitcoin is not able to maintain the current support area, then there is a possibility that BTC will drop further with the nearest potential target being in the $21k price range.

[Baofeng]

It's just somewhat funny to go back to this kind of thread, the last update was May and we are talking about the $30k'ish barrier. And then  we went down and hit lowest low in $17,600 and now it seems the market is somewhat on a short term bullish trend.

and now we are going to attempt to break in $30k again, this is what I'm somewhat looking to see so that at least we may be safe to say that the bottom is in and we could be in a bullish run till December and maybe $40k is on the horizon.

[Chainsmokers]

Bitcoin (BTC) reached an all-time high of $68,788 per coin on November 10, 2021.

Since then, the world’s most sought-after cryptocurrency has experienced extraordinary volatility, and the market has appeared reactive and fragile, with the Fear & Greed Index indicating a high level of doubt and uncertainty.

Since January 5, the price of BTC has fluctuated between $35,000 and $45,000, a relatively narrow range considering the currency’s track record of fluctuation.

As a result, this could be the start of a long-awaited period of stabilization for the market’s top digital asset.

Soruce: https://www.newsbtc.com/news/bitcoin-breaks-past-the-40000/

I think the crypto market is starting to creep down as the bitcoin price has hit the $34k price level again and several other major altcoins are trading unstable at the moment. Therefore, overall the market seems to be starting to experience a price decline and is heading towards the red zone at the moment and potentially experiencing a correction trend in the next few weeks.

it has been said mate , now the price is dropping and badly reaches the lowest of 31k

https://coinmarketcap.com/currencies/bitcoin/

and seeing the market moves? there are still something that may happen badly in the next coming days .
Maybe there is a chance that we Hit 25 or 20k back again and this sudden me thinking that i did not sold my coins while in 48k .

Right. When referring to the charts in the market, it is seen that bitcoin is still moving on a downward rail. If bitcoin is not able to maintain the current support area, then there is a possibility that BTC will drop further with the nearest potential target being in the $21k price range.

I think the price of BItcoin will continue to increase, and the support at $22k will last,
today you can see it in the market, the price of Bitcoin is trying to breakout from $25k,
but it's still not strong, hopefully it can break through and reach $30k

[SaveOurSea]

Bitcoin (BTC) reached an all-time high of $68,788 per coin on November 10, 2021.

Since then, the world’s most sought-after cryptocurrency has experienced extraordinary volatility, and the market has appeared reactive and fragile, with the Fear & Greed Index indicating a high level of doubt and uncertainty.

Since January 5, the price of BTC has fluctuated between $35,000 and $45,000, a relatively narrow range considering the currency’s track record of fluctuation.

As a result, this could be the start of a long-awaited period of stabilization for the market’s top digital asset.

Soruce: https://www.newsbtc.com/news/bitcoin-breaks-past-the-40000/

I think the crypto market is starting to creep down as the bitcoin price has hit the $34k price level again and several other major altcoins are trading unstable at the moment. Therefore, overall the market seems to be starting to experience a price decline and is heading towards the red zone at the moment and potentially experiencing a correction trend in the next few weeks.

it has been said mate , now the price is dropping and badly reaches the lowest of 31k

https://coinmarketcap.com/currencies/bitcoin/

and seeing the market moves? there are still something that may happen badly in the next coming days .
Maybe there is a chance that we Hit 25 or 20k back again and this sudden me thinking that i did not sold my coins while in 48k .

Right. When referring to the charts in the market, it is seen that bitcoin is still moving on a downward rail. If bitcoin is not able to maintain the current support area, then there is a possibility that BTC will drop further with the nearest potential target being in the $21k price range.

the most important thing is that the price of Bitcoin does not experience a dump below $20k again,
if it does, then bitcoin could potentially go to a lower low, maybe to $15k, yes, hopefully it won't happen,
and hopefully the next CPI in America has good news again