Will the price of BTC ever hit $40k again?

[smartaction]

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 will hit 40k again . it is possible and i think it is possible within some months . bitcoin price again pumping slowly and btc already reach 24k again . and i think the correction is end now time to pump whole market including bitcoin .

[n0ne]

When the price reached near to $17k everyone were speculating that the price will drop down to $10k - $13k, but the market re-bounced and went above $20k. From there slowly it have crossed $24k in a much stabilized way. On account of this we can expect the price of bitcoin reach $40k in a slow way. If it was able to happen within the ongoing years, then we can expect the large scale growth along with the days of halving.

[masulum]

Bitcoin will hit 40k again . it is possible and i think it is possible within some months . bitcoin price again pumping slowly and btc already reach 24k again . and i think the correction is end now time to pump whole market including bitcoin .

Currently BTC is in a fairly strong resistance. Today, BTC tried to return to 25K, but again, btc failed to breakout. However, there is a potential for this 25K to pass in the near term, since there are a positive signals from several indicators, including MACD on TF 1W. 40K, it will be achievable in the next few months. It's just a matter of time, hopefully there will be less negative news about crypto to maintain BTC price stability in the 22K - 25K area for the next few weeks so BTC can reach 30K first.

[Viscore]

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.

That's how uncertain bitcoin is, but we know for sure that it will always bound for a greater heights, we just have to trust the process and never be bothered with its price volatility. In fact, $40k is not that really high, but seeing the current value of bitcoin still in $23k-$24k range, then maybe its not easy for bitcoin to move that forward particularly the market is still in bearish condition. But when the market turns bullish, everything will be possible for bitcoin.

[KingsDen]

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?

Though, here is made of so many uncertainties, but asking if bitcoin will make $40k again to me is strange or naive. For you to ask this question means that you don't understand the market and bitcoin itself. It would have sounded differently I you asked whether bitcoin can surpass its ATH again. But $40k is something that is achievable even before September ends.
Keep accumulating if you can, I am even praying that bitcoin stay at this range a little longer let me accumulate again before it will climb. But surely btc will bull again.

[famososMuertos]

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.

If you wait for bitcoin to be at a certain price then you are not a trader maybe a hodler, start trading immediately to want to call yourself a trader. 

August is going to have its first maximum in more than $25k according to CMC and that's fine, I think we are in times where the periods to analyze prices or have projections should not exceed a week, you have to be cautious especially when you don't have the ball of Cristal.

[NicNacCoin]

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.

Yes, if the Bitcoin market is perfectly fine then surely Bitcoin can stay at $40k.However, we have been observing Bitcoin for quite some time now, but it is hovering between 23k and 24k dollars.If there is no bad news and if different countries have good opinion about Bitcoin then surely Bitcoin can take a better position.But we have seen that Bitcoin was at a maximum of 69k dollars, so it is not impossible for Bitcoin to go to 40k dollars.Bitcoin will take a better position if only time works a little better.

[Finestream]

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’s always possible for bitcoin to reach that amount, it can even surge higher than that. But it takes good market condition and positive news in the market before we can observe for bitcoin price to start surging. Though it’s hard for now to predict as to what peak price bitcoin will hit before the end of the year, but I’m certain $40k will be easily reached once everything looks bullish in time.

[ChiBitCTy]

If anyone tells you with certainty that they either know it will or won’t hit 40,000 again they are completely full of it. No one knows for sure, but if I had to guess or in my opinion, I believe it will. Let’s keep in mind bitcoin is still quite new, it’s still pretty much in its infancy and with maturity and over time I have complete faith in it going back up to it’s all time highs.

[Rufsilf]

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.

We have reached already $60k during the last bull season, and $40k is actually low meaning that there is no reason why we don't hit it again, unless if you will say this year?

You don't need to be curious anyway. Just have to understand the volatility of the market and also check its history. But because we are still in the bear season, you could really see that Bitcoin price is cheap. However, this is just temporary, it will be changing someday. You'd better anticipate that moment and take this current opportunity to have some before it ends.

[Detritus]

The price of Bitcoin is determined by some factors. In the past few months Bitcoin seem to have been trapped in the bear market, this bear market is not going to last for ever as Bitcoin is trying to outstand the situation of the market too. Once the bear market is totally over, you will see Bitcoin running again. On the 18th of June 2022 BTC price dropped to $19k, while on August 8th the price surge above $24k, this was just an interval of a month and 3 weeks. $40k is very sure of Bitcoin, it could be this month, next month or few months to come but just be awear that Bitcoin will again hit $40,000.

[kamvreto]

Crypto is a volatile market and high volatility if you only want to reach $40k it can definitely happen, it's just a matter of time because currently bitcoin is still in bearish mode. people say the new ATH will hit $100k in a few years or it could be faster. and vice versa, bitcoin hit the bottom price back below $20k when a lot of negative sentiment started to appear, when that happened then it was a good opportunity to buy and add bitcoin assets. So every opportunity up or down should be utilized as well as possible.

[BALIK]

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 will hit 40k again . it is possible and i think it is possible within some months . bitcoin price again pumping slowly and btc already reach 24k again . and i think the correction is end now time to pump whole market including bitcoin .

I can't say for sure if it will happen in the next few months or if it will happen at the end of the year, but I also agree with everyone here that the target is $40k, for sure bitcoin will hit it again.  The market is always volatile but one thing is for sure bitcoin will always go up if we look long term in years.

The closest target we need to hit is $30k, which is the key support during this bear season. If crossed, I believe $40k will happen this year.

[Leviathan.007]

That's possible but will take some time years ago back in 2018 when the market collapsed people were asking the same question about 15K and they were worried if bitcoin will ever see the price of 15K or not and this happened, take some time, and better to say years but finally we saw that price and even more since again. According to that experience, I can say we will see the price of 40K and even more once again but first, the market should finish the bearish phase because right now and even after the recent bullish movements we are still in a bearish phase and cannot expect to see high prices.

[Amicable55]

As BTC is King of coin and struggling from couple of months to sustained and recovering. Moving around 24 and 25K as hit the 17k lower low in the month of June. And rising up slowly. The question about 40$K is very tricky. As we see, I'm wrong not sure that if you sustained for half of year in BTC then I assure you a huge benefits for you.

[worle1bm]

If anyone tells you with certainty that they either know it will or won’t hit 40,000 again they are completely full of it. No one knows for sure, but if I had to guess or in my opinion, I believe it will. Let’s keep in mind bitcoin is still quite new, it’s still pretty much in its infancy and with maturity and over time I have complete faith in it going back up to it’s all time highs.

Yeah we all can make speculations regarding the price but can't tell exactly what will happen next but as we estimate we are left with $16k approx to touch the mark of $40k this year again and we still have 4 months behind so if we estimate it then it seems achievable if some big investment are made into the market.But will see with time what happens exactly.

[justdimin]

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.

Exactly this logic for sure. I mean we have never stayed under ATH forever, we always kept on breaking it, even if it takes years, we always broke the price record. Which means that 68k was the biggest price we saw, and that means we are going to be 70k or more in the future, I do know when but it will happen for sure.

This is what I care about and I believe that it will happen sooner rather than later. That's how we could make sure that crypto is doing better. This is not something that could be timed though, I mean maybe this month, maybe a year from now, we can't really know the time of it, we can only guess. But I know for sure that it will happen eventually, or at least hope for it.

[Yatsan]

Many speculations are showing nonstop. Some are saying that cryptos will again reach ATH but to some technical analyses, it will be hard for majority of cryptos to again break ATH. In reality, it is quite close to impossible to predict market behavior, accurately or atleast precisely. There are many factors affectinf market value and each of these factors are changing from time to time which further affect market prices. On my end, I do believe that someday Bitcoin's price will again soar high along with other cryptos.

[Obito]

Many speculations are showing nonstop. Some are saying that cryptos will again reach ATH but to some technical analyses, it will be hard for majority of cryptos to again break ATH. In reality, it is quite close to impossible to predict market behavior, accurately or atleast precisely. There are many factors affectinf market value and each of these factors are changing from time to time which further affect market prices. On my end, I do believe that someday Bitcoin's price will again soar high along with other cryptos.

There's a pattern to follow though to help you at least somewhat be assured that the prices are likely to go up in the future, a quick look and comparison to patterns during halvings of bitcoin can be used to help you predict when will the prices go up again. That's my basis though, not saying that it's accurate but I see that each halving, bitcoin doesn't gets a new floor.

[capedbaldy]

There's a pattern to follow though to help you at least somewhat be assured that the prices are likely to go up in the future, a quick look and comparison to patterns during halvings of bitcoin can be used to help you predict when will the prices go up again. That's my basis though, not saying that it's accurate but I see that each halving, bitcoin doesn't gets a new floor.

Some patterns of speculation help us to analyze the upside opportunities will increase going forward, Bitcoin market conditions have stagnated below 50% decline after the crash, so my prediction on the future halving will be a high recovery and so very confident that a $40k recovery will be achievable after the bear market.