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

[doomloop]

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.

We are going to for sure break it again. People who are wondering if we will are not the type of people we should be considering as possible experts on crypto. There is no doubt that crypto will be over 68k let alone 40k. I think it is getting closer to 40k idea though, I mean with this great increase to 24k and then there was a small drop that didn't really drop that much, it proves that sellers are out, and now there is a hype going on.

This isn't guaranteed of course but there is a good chance that we should be able to get out of this pit we are in and that seems like going to happen very soon, that is my personal opinion of course and maybe I am wrong, who knows?

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[Fredomago]

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.

Take a look at the previous charts of bitcoin, bitcoin fell and rose afterward, and it will hit a new ATH. It's a cycle that always repeats itself. The only thing that we cannot predict exactly is when it will happen, we can only be sure that it will happen in the future.

If you are a trader and you are waiting for bitcoin to hit $40k again then you should buy and hold bitcoin for yourself at this point. It is the best time to buy if your target is 40k$ then you will receive a twofold return. Invest and hold, and bitcoin will come and pick you up.

I also agree with that principle. If you believe that the value will rise back, the timing is perfect from the current price. You can buy and hold and keep adding more once you see more dump that takes place. There's no accurate time, but if you are a believer, each fall is a good opportunity to buy more. Experienced traders who love to take the long-term investment will not be worried about the situation. Instead, they will take it as a good edge.

Every shake will leave weak holders to lose lots of money, try not to be that kind of investors, be smart and play well with the market.

[Oasisman]

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 not actually the question coz it would definitely come.
The question should be "when?".
As you've notice like the rest of us noticed, Btc and most of the alts in crypto market today are struggling coming from a huge dip. It doesn't even look like it's recovering. Though it has bounce back a bit from the bottom, but this year are most likely Btc remains bearish.
So, you might want to stretch your patience a little further and try to hold it till the price hits your target.

[fuguebtc]

40k is not that high a price for bitcoin even considering the current situation, it would turn out to be even less than 2x. I don't understand why such questions come up when the answer is quite obvious yes, no doubt about it. That 400k seems unrealistic now, but bitcoin constantly surprises everyone by rising to the most unpredictable levels. In 2018, for example, few people believed it would rise to even 20k again, and that turned out to be just the current bottom.

It's possible that he's a newbie to the market and he's not experienced a bear cycle before, so he is feeling a little panicked because he is not familiar with it. This is the normal reaction of a newbie to witness a sharp drop in bitcoin price for the first time when they witness a sharp drop in bitcoin. Admittedly the $40k target request is a pretty low and easy claim for bitcoin, the question is how will it happen since we are not really out of the bear market yet, may take some time.

[dark1234]

I am optimistic that the price will return to $40k soon, there are many indications that can make us optimistic and what we often hear is that more and more countries are legalizing or making bitcoin an accepted asset, this will certainly make the demand for bitcoin continue to increase.

we are waiting for it to happen and if 40k happens this year maybe the holders will not sell it and keep holding it until ATH is formed and now being patient and not being consumed by circulating FUD is the most difficult thing, especially for beginners

[carlfebz2]

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 not actually the question coz it would definitely come.
The question should be "when?".
As you've notice like the rest of us noticed, Btc and most of the alts in crypto market today are struggling coming from a huge dip. It doesn't even look like it's recovering. Though it has bounce back a bit from the bottom, but this year are most likely Btc remains bearish.
So, you might want to stretch your patience a little further and try to hold it till the price hits your target.

To presume out on the same situation or condition that we've seen in the past or lets say from 2018-2020 which it did really turn out to be a very long bearish market where it did make out significant movement after

the halving event which prices starts to move out on huge spikes which we might be seeing on next possible halving event situation but it wont be an assured thing since there's no such thing about patterns and

similar conditions and considerations which might people been thinking off.Its your call whether you would really be basing your investment acts according to these events or conditions or would
just simply make out actions according to your own preference and analysis.

[Silberman]

40k is not that high a price for bitcoin even considering the current situation, it would turn out to be even less than 2x. I don't understand why such questions come up when the answer is quite obvious yes, no doubt about it. That 400k seems unrealistic now, but bitcoin constantly surprises everyone by rising to the most unpredictable levels. In 2018, for example, few people believed it would rise to even 20k again, and that turned out to be just the current bottom.

It's possible that he's a newbie to the market and he's not experienced a bear cycle before, so he is feeling a little panicked because he is not familiar with it. This is the normal reaction of a newbie to witness a sharp drop in bitcoin price for the first time when they witness a sharp drop in bitcoin. Admittedly the $40k target request is a pretty low and easy claim for bitcoin, the question is how will it happen since we are not really out of the bear market yet, may take some time.

This is the most likely explanation, after all even if the current price of bitcoin allows a great deal of us to still be in profits there are many people which bought near the ATH of bitcoin and as such they are very worried about what is happening, and while I do not blame them they need to try to look at the past movements of bitcoin to see that what we are seeing is completely normal and that at some point during the next years bitcoin will once again grow at an incredible speed.

[dezoel]

Hello OP,
You aren't really a new trader because you said you already observe the movement of the price for a few months but even if you are new here, it's still possible for you to know the history of the price. We have lots of references online. After knowing the truth, you will say that btc really can return to its previous price. The only thing is that we don't know the exact time when it will occur.

It can be shorter or longer but anyway it shouldn't really matter for you since you said are a trader so you can still be able to profit if you ride the fluctuations. Only those who seek for a higher price are the investors and if they do, will go for more, not only 40k.

[Moshi Moshi]

$40k? yes! I say out loud! that Bitcoin could hit $40k again, maybe we'll see it in Q4 and that's at the end of the year,
on condition that bitcoin is able to be at $20k in the next few months, because that's a strong support to survive the bears

[Silberman]

If you ask me that question my answer is always be "yes".Not just 40k, Bitcoin will cross its all-time ATH.  If you look at the chart of Bitcoin for the past years you can see that there was a big dump in 2018 and then if you look at how much Bitcoin pumped you might get an idea.  And over 80% of the total supply of Bitcoin has been mined and in the future when Bitcoin is no longer minted it will exceed 100k.  Yes but the market condition is not good now so its price has come down a lot since ath but I am optimistic that it will recover very quickly by early 2023.

I think it is pretty much a given that bitcoin is going to recover and it will reach a new all time high at some point in the future, what we really do not know is when and all of this is going to happen, and while we know that the market of cryptocurrencies can move in ways that are impossible to predict, a recovery by 2023 seems to be too soon at least to me, I really think that 2023 is going to be another difficult year in which we will need to hold our coins and in which we will need to avoid as much as possible to panic during that time frame, and wait until 2024 before more favorable market conditions can be found.

[OgNasty]

I feel as bullish as everyone else I guess. The amount of people stacking sats and different incentive programs allowing users to accumulate Bitcoin seem almost certain to send the price sky high at some point. I’m a bit surprised we didn’t hit $100K on the last bubble, but it seems a certainty on the next round.

[Ziskinberg]

If you ask me that question my answer is always be "yes".Not just 40k, Bitcoin will cross its all-time ATH.  If you look at the chart of Bitcoin for the past years you can see that there was a big dump in 2018 and then if you look at how much Bitcoin pumped you might get an idea.  And over 80% of the total supply of Bitcoin has been mined and in the future when Bitcoin is no longer minted it will exceed 100k.  Yes but the market condition is not good now so its price has come down a lot since ath but I am optimistic that it will recover very quickly by early 2023.

I think it is pretty much a given that bitcoin is going to recover and it will reach a new all time high at some point in the future, what we really do not know is when and all of this is going to happen, and while we know that the market of cryptocurrencies can move in ways that are impossible to predict, a recovery by 2023 seems to be too soon at least to me, I really think that 2023 is going to be another difficult year in which we will need to hold our coins and in which we will need to avoid as much as possible to panic during that time frame, and wait until 2024 before more favorable market conditions can be found.

Recovery has been tested already and we know that it has the potential that is why we trust Bitcoin and take risks of this.
Just looking back last 2018-2020, the market is really in terrible condition but it eventually moved high. Reaching $40k is not a requirement but I believe we even surpass that amount in the coming days when the bull season comes. It was been known to us about halving and we are aware of the situation where price spikes are going to happen, and all of us are quite excited about that.

[xSkylarx]

Price will definitely reach $40k again soon in the future. It's just difficult to say when exactly it will be as we are in bear market right now. Just like the crash way back 2018 where bitcoin pumped from $20k then went down to almost $3k, many people lose hope during those time and said bitcoin won't recover anymore. But in 2020, it reached $20k again and reach a new all-time high after that year.

[bestcoins1]

$40k? yes! I say out loud! that Bitcoin could hit $40k again, maybe we'll see it in Q4 and that's at the end of the year,
on condition that bitcoin is able to be at $20k in the next few months, because that's a strong support to survive the bears

Now the Bitcoin price is above $20K. Do you think the current Bitcoin price is under $20k? if you think like that, it means that you have never visited the market to see the price of Bitcoin so you say so. The price increase at the moment looks so difficult on Bitcoin that to reach the $40K price I think it will still take a little longer for Bitcoin even though a bigger increase in Bitcoin is still very possible in a short time.

[sana54210]

You aren't really a new trader because you said you already observe the movement of the price for a few months but even if you are new here, it's still possible for you to know the history of the price. We have lots of references online. After knowing the truth, you will say that btc really can return to its previous price. The only thing is that we don't know the exact time when it will occur.

It can be shorter or longer but anyway it shouldn't really matter for you since you said are a trader so you can still be able to profit if you ride the fluctuations. Only those who seek for a higher price are the investors and if they do, will go for more, not only 40k.

You could be a newbie with a few months to be fair, that doesn't mean they are not a new trader. But at the same time, it’s better than being brand new, because it means you could watch what’s going on. I personally believe that bitcoin price will be 40k and even over 68k once again, maybe it won't be there very soon, but it will eventually get there which is a big advantage because it means we could just invest today, wait for it to reach there and we will make a good profit from it. The only reason people do not do it right now is the fact that they are not sure if it will happen soon, and they do not want to keep holding bitcoin for a long term.

[Xcode7]

Price will definitely reach $40k again soon in the future. It's just difficult to say when exactly it will be as we are in bear market right now. Just like the crash way back 2018 where bitcoin pumped from $20k then went down to almost $3k, many people lose hope during those time and said bitcoin won't recover anymore. But in 2020, it reached $20k again and reach a new all-time high after that year.

yes i agree with you.
Bitcoin will not die, bitcoin will grow into something that is difficult for us to predict, bitcoin will grow to be bigger than what bitcoin has ever created. When such things become commonplace, we must carefully understand the market.

[peter0425]

Yes, the price will hit back to $40k any moment from now, because the price has started improving in the market which before the end of next month the price will increase higher to reach $40k or $49k for people to start selling their bitcoins to make a good income from their investments in the community. Just relax your mind, the price of Bitcoin will definitely increase higher in this month of August for you to believe that the price will reach $40k again.

seriously mate, does the price hitting back up now? because all i can see in market is that continuously holding 21k and there are so much intention that it would fell down below that level,some says it may drop to 15k , but i doubt it would happen any time soon.

[Uzairjutt275]

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.

Brother in my experience Bitcoin will hit again $40k and it is possible. But it takes time to recover the market almost 1 or 2 year. It will back to hit $40k and above. BTC will back again at $68k

[First Registration]

Yes, BTC Abar will hit 40k. Because Bitcoin is the world's 1st coin which is one of the most popular coins. This coin is compared to gold. BTC peaked at 69k+. And it will return to its previous state again in sha Allah. Going into the present time is a bit complicated because now the bear market is going on. When this is over, when the bull market starts, it will definitely hit 40k.

[retreat]

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.

because you are a new trader, so I welcome you to a very volatile market. from the history of bitcoin price changes in the last few years, bitcoin has great potential to return to $40k or even go down to $20k. if you are a short-term trader then try to never sell at a loss, prices change very quickly, pay attention to your decisions, don't be rash.