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Author Topic: Will the price of BTC ever hit $40k again?  (Read 842 times)
Sunrise360 (OP)
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August 14, 2022, 07:41:27 PM
 #1

I observed several changes in the price  within a few months. With these changes, I wish to ask do you think the price of Bitcoin will ever hit $40k again?
I'm just being curious as a new trader.
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August 14, 2022, 07:46:12 PM
Last edit: August 14, 2022, 08:03:22 PM by Davidvictorson
 #2

I observed several changes in the price  within a few months. With these changes, I wish to ask do you think the price of Bitcoin will ever hit $40k again?
I'm just being curious as a new trader.
Bitcoin at $40k in a few months is possible if everything falls right in place. But the reality is that nobody knows when everything will fall in place. There are a lot of factors involved. Bitcoin price has been struggling to stay at $24k since the past week. 40K price in a few months (say 3 - 6months) in my opinion is not attainable just yet.


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August 14, 2022, 08:05:33 PM
 #3

I wish to ask do you think the price of Bitcoin will ever hit $40k again?
In my personal opinion,  I would say yes,  it is highly possible for the price of bitcoin to hit $40k again,  but when this is going to happen is what no body knows.
It can happen in about a week from now,  it can happen in one month,  it can be in a year or it might even take up to five years before we see bitcoin trading at a price of $40k and above.

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August 14, 2022, 08:16:29 PM
 #4

I wish to ask do you think the price of Bitcoin will ever hit $40k again?
I'm just being curious as a new trader.
It's very likely that it will hit $40,000 again, it may not be this week or this month, but be sure that one day it will. If $40K is your target, then I believe you won't be disappointed. The most important virtue you have to practice as a trader who holds Bitcoin for long term gains is patience.

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August 14, 2022, 09:00:27 PM
 #5

There's a high possibility the bitcoin will reach $40,000 or maybe even more soon however it will be hard to speculate the exact time or date on when it will happen. I highly suggest to wait a few months or even at least a year for the current price of bitcoin to double. Right now, it's best to accumulate more and more bitcoin and wait for long term results on your investment and accumulation.

Also, you can check out the history of Bitcoin's price chart and you'll be able to see some patterns and indicators that we might reach a higher price at a later date. But still there's a chance that things might go the wrong way and we might see some dipping depending on the situation.


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August 14, 2022, 09:21:21 PM
 #6

I observed several changes in the price  within a few months. With these changes, I wish to ask do you think the price of Bitcoin will ever hit $40k again?
I'm just being curious as a new trader.
it is likely for bitcoin to hit $40k again for sure, it could be even after a year or more, so far a lot of analysts say that crypto market could see a lot of red before that happens, especially after the latest bear market, so it could take some time but I'm positive that it will hit $40k and even more, but when is the real question.

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August 14, 2022, 09:43:14 PM
 #7

I observed several changes in the price  within a few months. With these changes, I wish to ask do you think the price of Bitcoin will ever hit $40k again?
I'm just being curious as a new trader.
it is likely for bitcoin to hit $40k again for sure, it could be even after a year or more, so far a lot of analysts say that crypto market could see a lot of red before that happens, especially after the latest bear market, so it could take some time but I'm positive that it will hit $40k and even more, but when is the real question.
A lot of red? Are you sure about that, because lots of red while we are still at $23000-24000 would mean that Bitcoin will fall under $16000-17000 and I'm not sure many people are expecting this range to be reached in the coming months. On the other hand 40k is a ambitious target , not likely to happen before the end of the year IMO.

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August 14, 2022, 09:52:07 PM
 #8

I observed several changes in the price  within a few months. With these changes, I wish to ask do you think the price of Bitcoin will ever hit $40k again?
I'm just being curious as a new trader.

of course the price will reach 40,000$ again, this is something that has more than a 60% chance of happening in the long term, of course we also have to be aware that speaking of the long term we could be facing a situation of 1 to 4 years for the price to reach $40,000 and go up to your ATH. but if we compare the profit that banks give per year VS the profit that bitcoin can give per year, we can easily see that putting money to buy bitcoin now and doing hodl for years is a good move

I observed several changes in the price  within a few months. With these changes, I wish to ask do you think the price of Bitcoin will ever hit $40k again?
I'm just being curious as a new trader.
it is likely for bitcoin to hit $40k again for sure, it could be even after a year or more, so far a lot of analysts say that crypto market could see a lot of red before that happens, especially after the latest bear market, so it could take some time but I'm positive that it will hit $40k and even more, but when is the real question.
A lot of red? Are you sure about that, because lots of red while we are still at $23000-24000 would mean that Bitcoin will fall under $16000-17000 and I'm not sure many people are expecting this range to be reached in the coming months. On the other hand 40k is a ambitious target , not likely to happen before the end of the year IMO.

wait for the price to reach $40,000 that year and create false expectations that the person will be disappointed, at this point thinking about the long term is the best option

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August 14, 2022, 10:21:02 PM
 #9

I observed several changes in the price  within a few months. With these changes, I wish to ask do you think the price of Bitcoin will ever hit $40k again?
I'm just being curious as a new trader.
Yes.

Just like how it was easy for bitcoin that it has come back to $20k which was the ATH of 2017 and then now the sitting and floor price that we've got.

So, it's very possible to happen if that's the price that you're asking to see. The next bull run will be exciting and $40k might just even be a passable price if it comes again.

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August 14, 2022, 10:23:34 PM
 #10

I observed several changes in the price  within a few months. With these changes, I wish to ask do you think the price of Bitcoin will ever hit $40k again?
I'm just being curious as a new trader.
I am always confident to say that bitcoin will reach a higher value, but the problem is we can't tell exactly as to when it will happen, maybe before the end of this year or probably early next year. However, if things will always be good for bitcoin and with the crypto market, then we can eventually witness bitcoin price surging in the next possible months. But if there will be unexpected negative news that will hit the market, most likely bitcoin will also be affected and will continue to have a downward trend in its price.
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August 14, 2022, 11:39:08 PM
 #11

So far, we have been experiencing the cycle between bearish and bullish era.
If we see from that aspect, I really believe that BTC is able to reach $40k again and more, much higher in the next bullish era. I really bel8evvle this happen. The market has dropped so much and now this still keeps struggling during this bearish market. If the market is getting better too welcome bullish, the increase to $40k may be faster.
The question is when this will happen. We may be abke to predict but we cannot predict it it 100%. We still need waiting.

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August 14, 2022, 11:41:51 PM
 #12

We might experience $40k in the upcoming week. We don't know how the market movement takes place. This is the reality of the bitcoin market. There is sign of bullish movement and this can make some positive changes in the entire cryptocurrency market. If something big as an adoption or some big corporate network makes a entry we can see a massive change in the price.

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August 15, 2022, 02:37:08 AM
 #13

Not only will the price of Bitcoin reach $40,000 once again, it will even double that or even triple or quadruple. That $69,000 ATH is not the last ATH that Bitcoin will reach. I am still very much convinced that $100,000 is not just a wishful thinking. It will eventually come true. It's just a matter of time before it will finally be seen on the charts. $40,000 is just a mere short-term target. It could easily be achieved. I even guess that before this year ends Bitcoin has already surpassed $40,000.
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August 15, 2022, 03:25:25 AM
 #14

I observed several changes in the price  within a few months. With these changes, I wish to ask do you think the price of Bitcoin will ever hit $40k again?
I'm just being curious as a new trader.
You asked a question that only NOOB account will create using that word "Will Hit 40k AGAIN" , if you come and check the details or graphs of this currency  then you will see what is the answer to your question.

Bitcoin will hit that again and will even make it to x10 of your desire price , 40k-400k but not in the sooner time , maybe next 5-10 years?

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August 15, 2022, 03:25:48 AM
 #15

I wish to ask do you think the price of Bitcoin will ever hit $40k again?
In my personal opinion,  I would say yes,  it is highly possible for the price of bitcoin to hit $40k again,  but when this is going to happen is what no body knows.
It can happen in about a week from now,  it can happen in one month,  it can be in a year or it might even take up to five years before we see bitcoin trading at a price of $40k and above.

not talking about the time it takes for bitcoin to reach that goal then I can tell you that bitcoin will definitely hit $40k even $100k ath as people are expecting from bitcoin
the bear market can't dominate forever and once the bull market arrives, bitcoin hits $40k or $100k it's only a matter of time, but my question is can we see $40k this year? i think op is also interested in this

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August 15, 2022, 04:59:49 AM
 #16

I observed several changes in the price  within a few months. With these changes, I wish to ask do you think the price of Bitcoin will ever hit $40k again?
I'm just being curious as a new trader.
After hitting $68,000 last year, when the current bear period is over, its $40,000 price won’t be any unreachable challenge, even in the short term. As a rule, during the next bullish period, the price of bitcoin rises even more than the previous ATH. Here one could even talk about the price of bitcoin at one hundred thousand dollars. In my opinion, this question will be of more interest to current cryptocurrency holders.

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August 15, 2022, 05:02:11 AM
 #17

I observed several changes in the price  within a few months. With these changes, I wish to ask do you think the price of Bitcoin will ever hit $40k again?
I'm just being curious as a new trader.
For sure it will rise above $40k also but you need to be patient and hold your coins till that time.Have you invested at $40k which is why you asking this so that you can cash out your capital once it reach there? See if this is the case then many are there who invested at the top also but in long run bull market will make your recovery with profits also so just be patient.

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August 15, 2022, 05:21:16 AM
 #18

I observed several changes in the price  within a few months. With these changes, I wish to ask do you think the price of Bitcoin will ever hit $40k again?
I'm just being curious as a new trader.

Yeah, I wouldn't be surprised if we got back to $40k this year. The normal scenario is that after the next halving we will beat the previous ath of $69k, where the next strong resistance will be $100k, which I expect us to beat after several attempts.

But yes, we will definitely get back to $40k and surpass that mark.

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August 15, 2022, 05:46:03 AM
 #19

I observed several changes in the price  within a few months. With these changes, I wish to ask do you think the price of Bitcoin will ever hit $40k again?
I'm just being curious as a new trader.
It is not really a matter of if but of when, the price of bitcoin will surely hit that price again what we do not know is when such a thing could happen, there is a possibility that we could get to see that during this year, however the best chances for this to happen would be during the next bull run, unfortunately the next bull run is still very far away, so if for some reason you are expecting that level to be reached soon the chances are not in favor of that outcome happening, so you need to act accordingly.
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August 15, 2022, 06:22:27 AM
 #20

I observed several changes in the price  within a few months. With these changes, I wish to ask do you think the price of Bitcoin will ever hit $40k again?
I'm just being curious as a new trader.

That's low compared to its ATH and never in its history of bitcoins price did not increase its price and break its old record price after it falls. The price will eventually recover but we don't know when it is if you check its history, more likely to occur after a few months from bitcoin halving and that's 2 years from now. Long-time holders are the happiest people right now because they have the chance to buy low right now.
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