Bitcoin Breaks Past The $40,000 Barrier Again?

[ajochems]

Cryoto currency was a safe one.While considering of bitcoin, it was safe with all access from you. If you had sync the google authentication. Based on the investments you will get profit from it. Now the price of bitcoin had crossed the value of 40k. It was surprise to myself. Because from the war, the price of bitcoin was struggled to reach this value and crossed of 42k dollars two days before.

[TimeTeller]

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

In several days, Bitcoin seems safe in the higher barrier, more than $40k.
But with the current situation, I myself sometimes still feel in a worrying situations. Bitcoin price may keep it positive trend in several days, but as we know as the previous one, once there is FUD again, this may break the bottom and get some deeper market correction again.
Although we must be more patient and wise to face the market, but worries wil be alwasy surrounding. That's normal imo.
However, at elast, let's enjoy the makret today and take every chance to gain profits  

Just be glad we surpass the 40k mark again. And the sentiments towards bitcoin is going stronger.
As many are finding its features favorable in times of crisis like the war in Ukraine, they are changing their perspectives towards it.
They are now seeing the benefits in crypto transactions. It may not be for all but a lot are benefiting from it.
The notion of scam towards btc, I believe, is lessening as more and more are learning the true nature of btc.

[kotajikikox]

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.

It is the level maintaining of Bitcoin this whole 1st quarter of 2022, and still hanging to that range, but isn't strong enough if we will compare to the last 4 years from 2017? and this shows how the volatility helps the market improving more?

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/

stabilization for what? the digital assets composes not Only of Bitcoin but also all the electronic currency provider so if this maybe a good hyping investment still people are afraid of this currency that their Fiat in digital wallets.

[MinMan]

Well, recent movement was happened because of an anonymous  whale who closed his 120 Million worth short position and suddenly bitcoin spiked to almost 43k level. We might see another mini bull season or regular sideways movement just like previous weeks.  However better not to be bollish when war is still going on as market would take correction again for it.

If people could get out of the current mindset and realize that the world's economy is going to shit, and crypto is the only way out if you want to protect your wealth, then we would do a lot better if you ask me. After all, we are talking about something a lot more decent here, it is a lot better than fiat and should be invested heavily if you want to protect your wealth. Doesn't mean that you shouldn't invest into anything else, it just means that it makes a lot more sense this way.

If you keep on putting your money into fiat related stuff, you will end up with a big loss, even if you are "earning", you could be earning less than real inflation and lose value that way.

[lienfaye]

I guess the $40k barrier is not that relevant because we have broken it several times already.

Thats true. Its not surprising at all because it happened already few times, but still seeing the price above $40k is like a safe zone that we're not in bearish season since the price is recovering and its not cheap compared to previous years wherein the price is struggling to move upward.

So probably most investors are used to seeing the price in $40k level after the last year's bullrun. If the price climb up to over $45k then its something to look forward for the next movement because it might be a start of another bullrun, well who knows.

[peter0425]

Today bitcoin has reached $43k and a while ago i bought around $155 (0.0035 btc) and still got a price of $42760, i'm increasingly optimistic that march price will soon be at the level of $50k, keep buying and don't wait expensive because the bull run is coming soon .

Since you risked that 150$  buying Bitcoin in this sentimental time then why Not keep it for long term?  and also we knew that there is no high opportunity for crypto this year as we have just passed a super increase in 2021 so best to let it sit in your wallet for the mean time(or at least 2-3 years from now)

Cryoto currency was a safe one.While considering of bitcoin, it was safe with all access from you. If you had sync the google authentication. Based on the investments you will get profit from it. Now the price of bitcoin had crossed the value of 40k. It was surprise to myself. Because from the war, the price of bitcoin was struggled to reach this value and crossed of 42k dollars two days before.

just 2 days after the war Bitcoin reached 45k again so I see no reason why you need to be shocked for the price now?

sorry but it seems that you are not paying attention to the market.

[Reatim]

I guess the $40k barrier is not that relevant because we have broken it several times already.

Thats true. Its not surprising at all because it happened already few times, but still seeing the price above $40k is like a safe zone that we're not in bearish season since the price is recovering and its not cheap compared to previous years wherein the price is struggling to move upward.

So probably most investors are used to seeing the price in $40k level after the last year's bullrun. If the price climb up to over $45k then its something to look forward for the next movement because it might be a start of another bullrun, well who knows.

actually Bitcoin already crossed 45k recently mate though does not stayed long because just after a minutes  the price drops down again to 44k then below 40k .
so if you are asking for breaking 45k it is already done so i think that is not the barrier instead it is 50k in which we are looking to be broken , and if does then 60k will be taken again this year in 4th quarter.

[Review Master]

  <__ snip __>

If you keep on putting your money into fiat related stuff, you will end up with a big loss, even if you are "earning", you could be earning less than real inflation and lose value that way.

Indeed, it won't matter how much we're earning if there's a continuous spike into the inflation rate. Also large scale adoption was started back in 2020/21 and it's still going on. It's just a matter of time when people will start using bitcoin or crypto more than fiat unless it's needed to be used in regular life.

Back to the topic, bitcoin's still having the sideways movement and exchanges are also having usual inflows and outflows. Surprisingly, almost 125 million worth of USDT is transferred from unknown wallet to binance, could be a institutional transection to buy more. Lets see what's gonna be happened in this weekend.

[traderethereum]

Today bitcoin finally hit $43k again after struggling to increase its price bit by bit and hopefully, it will continue until it goes high.
But bitcoin still has a long way to go, especially to get back to the highest $69k or ATH level that bitcoin has ever hit and that will take time.
And with the price of bitcoin rising to $43k, this brings joy to a lot of people, especially those who buy bitcoins at $40k-$43k or higher, because it gives them hope that over time, the price of bitcoin will rise high.
If this is the target price you want, you can sell some of the bitcoins you have and wait for another correction or do you still want to wait for another high?
If so, fasten your belt because the price will surely swing again after this.

[Chato1977]

Dont worry there are lot of this movement to happen this year mate as 2022 is still young and we can expect more in the following months.

just this quarter Bitcoin had broken 40k multiple times so this is not something to be celebrated instead what we need here is that bitcoin must be on the top of at least 50k before making another thread of boosting .

[cryptomaniac_xxx]

Today bitcoin finally hit $43k again after struggling to increase its price bit by bit and hopefully, it will continue until it goes high.
But bitcoin still has a long way to go, especially to get back to the highest $69k or ATH level that bitcoin has ever hit and that will take time.
And with the price of bitcoin rising to $43k, this brings joy to a lot of people, especially those who buy bitcoins at $40k-$43k or higher, because it gives them hope that over time, the price of bitcoin will rise high.
If this is the target price you want, you can sell some of the bitcoins you have and wait for another correction or do you still want to wait for another high?
If so, fasten your belt because the price will surely swing again after this.

Yes, we could be in another swing after hitting $43k because the next barrier will be $45k and we haven't broken it yet since we have a dramatic fall from the last all time high. All things considered, we are not in a full blown bull run, in my opinion.

And to be honest, I'm not sure if we still have the momentum to push the price to that level. Maybe the bulls have been exhausted as this point to reach $43k. So the first time to observed is that if we can maintain first at this level till next week.

[fzkto]

The current market situation looks like a recovery. Along with bitcoin, altcoins are starting to rise, which is positive. Maybe bitcoin will come out of the accumulation zone and then we will see a full bull run, but for that we need to consolidate above 47k. Hopefully that will happen in April. By the way, with bitcoin recovering so slowly, altcoins are performing better.

[mia_houston]

The current market situation looks like a recovery. Along with bitcoin, altcoins are starting to rise, which is positive. Maybe bitcoin will come out of the accumulation zone and then we will see a full bull run, but for that we need to consolidate above 47k. Hopefully that will happen in April. By the way, with bitcoin recovering so slowly, altcoins are performing better.

I think it's still very difficult for us to guess where bitcoin will go, but in the last 7 days the bitcoin price has experienced a bit of price strengthening, and we can accumulate if the  increase price are almost 11% in a week, the push that occurs in the bitcoin price may be a one of the reasons for the increase in some altcoin prices in the market, but to be honest, I personally don't dare to say that the current price strengthening will last long enough, especially in the last 1 month we have continued to see bitcoin prices strengthen but not long after that the price has corrected again.

[Reid]

Get used to it. It will happen over and over again. I don't mind the optimistic view but we also have to be realistic or else we might feel regret if it won't go our way.
Yes, it's a joy to see it being back to $40k-ish but there's always that possibility it may break the barrier backwards to $30k-ish. Not being pessimistic but being prepared for that to happen is what makes an investor stronger to HODL the said coin.
World economy will play a big role on where it will fluctuate especially in this difficult times.

[ivankoh]

The current market situation looks like a recovery. Along with bitcoin, altcoins are starting to rise, which is positive. Maybe bitcoin will come out of the accumulation zone and then we will see a full bull run, but for that we need to consolidate above 47k. Hopefully that will happen in April. By the way, with bitcoin recovering so slowly, altcoins are performing better.

After a strong bull run in 2021. I prefer the feeling of bitcoin moving slowly, building and strengthening a long-term bullish structure rather than having to buckle up.  Lol, not a sustainable altcoin move, defi, even Metaverse.  If the hype could be ignored, I wouldn't expect altcoins to slip away from bitcoin's standards.

[LFC_Bitcoin]

@TheRealPlanC
I know 44k BTC feels good, however, until we penetrate through 46-47k, this is all just enjoyable foreplay. #Crypto
https://twitter.com/therealplanc/status/1507041826116616201?s=21


Similar to my thoughts below. We are in no mans land at the moment.

We really need to break $50,000 before we can start thinking that the downtrend we’ve been in since late November is over. We’ve been floating around between $35,000 & $45,000 for ages. I’m not really interested in getting excited until we break out of that range.

[Eternad]

Get used to it. It will happen over and over again. I don't mind the optimistic view but we also have to be realistic or else we might feel regret if it won't go our way.
Yes, it's a joy to see it being back to $40k-ish but there's always that possibility it may break the barrier backwards to $30k-ish. Not being pessimistic but being prepared for that to happen is what makes an investor stronger to HODL the said coin.
World economy will play a big role on where it will fluctuate especially in this difficult times.

40ish seems to be a safe zone of bitcoin in these situations wherein there is no hype that can make it pump and the continuous war happening that makes all the fiat fluctuations and economy at risk. It’s nit the firstime it breaks 40k in this year and there might be more since it is still struggling to recover from what is happening around the world. Unless more countries announce legalizing it and put implementations of using it in actual transaction that can help countries struggling in the recent price hike of materials and resources.

[Dave1]

Get used to it. It will happen over and over again. I don't mind the optimistic view but we also have to be realistic or else we might feel regret if it won't go our way.
Yes, it's a joy to see it being back to $40k-ish but there's always that possibility it may break the barrier backwards to $30k-ish. Not being pessimistic but being prepared for that to happen is what makes an investor stronger to HODL the said coin.
World economy will play a big role on where it will fluctuate especially in this difficult times.

40ish seems to be a safe zone of bitcoin in these situations wherein there is no hype that can make it pump and the continuous war happening that makes all the fiat fluctuations and economy at risk. It’s nit the firstime it breaks 40k in this year and there might be more since it is still struggling to recover from what is happening around the world. Unless more countries announce legalizing it and put implementations of using it in actual transaction that can help countries struggling in the recent price hike of materials and resources.

Safe zone for now, but if we really wanted to test the market and how far it can go, $50k will be the barrier that we need to break. After the all time high, we haven't seen the price going above $50k, just borderline $43k-$45 is the max and then that's it, the market will go back down again to $30k'ish region.

So if we can go to $50k, then the bulls will have the upper hand despite the geo-political things that is going around us. We don't know how long the war in Europe will go, gas price are increasing, so for average joe and whales, it's better to invest some of your money in bitcoin as hedge.

[traderethereum]

sorry mate but bitcoin price is hitting 43k many times already right? if I'm not mistaken the 43k is being hit every week and that is the normal scenario in market , what i am waiting is the price to hit 46k because that is the barricade now.
and if this will be taken then the possibilities of the value to increase to 50k is there and that is what i am waiting .
wanna sell half of my bitcoin now cos i have some funds needed for my house renovation lol.

Yes, the bitcoin price has indeed reached $43k many times and this time, the price seems to be holding on to that level and there are signs of going higher.
But since we are currently on the weekend, corrections could come but hopefully, the corrections don't come too deep so that next week, the price can continue its rally again.
I'm still waiting at $50k because that's the next holding point for bitcoin before it goes back to the last ATH and it's really tough.

Yes, we could be in another swing after hitting $43k because the next barrier will be $45k and we haven't broken it yet since we have a dramatic fall from the last all time high. All things considered, we are not in a full blown bull run, in my opinion.

And to be honest, I'm not sure if we still have the momentum to push the price to that level. Maybe the bulls have been exhausted as this point to reach $43k. So the first time to observed is that if we can maintain first at this level till next week.

The price can still be pushed up to that level but not for the week because it looks like the price still needs support but I don't know.
Hopefully, the price can break through $44k, stay there until next week, and immediately go higher.
Yes, bitcoin needs to maintain this level until next week for it to rise even higher.
At least some of them have taken their profits to wait to buy at the low price again and hold it.

[MinMan]

The current market situation looks like a recovery. Along with bitcoin, altcoins are starting to rise, which is positive. Maybe bitcoin will come out of the accumulation zone and then we will see a full bull run, but for that we need to consolidate above 47k. Hopefully that will happen in April. By the way, with bitcoin recovering so slowly, altcoins are performing better.

Until the price did not crossed to the last ATH, it is safe to call it a recovery but others call it an increase because the price is better than last day. It's normal that altcoins will rise after btc because that's how they work. In cryptos there was like a pattern here and that is what the people used as a reference to make a decision.

The month of march is about to end now but the movements of the price are still the same. Maybe your right that the biggest happening in btc value can happen by April and onward. On the other hand, alts are now doing better but for them to perform on a greater extent, they will need to wait for the btc first to do a bull run.