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Author Topic: Will the price of BTC ever hit $40k again?  (Read 834 times)
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August 25, 2022, 11:55:46 PM
 #101

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
I also believe in what you say although I don't have to completely believe you. But if it's about Bitcoin, then I'm always more convinced of a price increase like it has in the past and an increase in the price of Bitcoin to $40k or even $68k is something that is still very possible even if it takes a long time. So it would be best if everyone would take advantage of the present opportunity to buy and keep it before everyone saw the $40k or even $68k price on Bitcoin.

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August 26, 2022, 04:43:53 AM
 #102

The view for the rest of this year rests on moves like Euro weakness and the developing situation in energy supply across Europe.  The reason its such an involved answer is Euro movement ties into Dollar strength which is a weight of sentiment against speculative assets such as BTC.   The lack of energy is so great in Europe that it could mean less business done, overall a restricting force on growth and generally the circulation of currency somehow that ties into BTC progress.   Eventually it will correct but there are big reasons to suspect BTC stages no big recovery for now.

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August 26, 2022, 06:06:43 PM
 #103

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.
For now I think there's more chance for the price to hit 20k than 40k because we are already below 21k but this shouldn't make us feel sad. A fall in price is better if we want bitcoin to grow up faster because a fall in the price will trigger lots of buyers than seeing btc becoming stable or stagnant in value. Short traders on the other hand are the ones who sell at a loss because they can always buy again and you said the price changes very quickly? This is why they need to hurry.

If there is one here that no need to rush, that will be the long term investors. A small/quick change in the price is nothing for them but their goal is to earn bigger profits by doing a one time sell off.

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August 26, 2022, 07:30:01 PM
 #104

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.
Despite of the uncertainties happening in the market and those inevitable events that keep hitting and affecting the market, I still chose to be optimistic on the future price of bitcoin. I know $40k will be reached eventually and might even go beyond that, and I think that’s not impossible as bitcoin is the most proven crypto asset that reaches the highest and most expensive price. Maybe not happening this year, but in the next preceding years I guess bitcoin price will come up with a better one.

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August 27, 2022, 04:50:19 AM
 #105

$40,000 USD is nothing and it will once again hit that number anytime soon. Remember, the $40,000 USD isn't even the all time high. Look at the charts. The price always reaches a new all time high and then after few months or years, the new all time high gets beaten and another ATH takes place.

Since you are a new trader, I would suggest you to learn the market first and know about the volatility of the market. Bitcoin can be $40,000 today and it can be $20,000 tomorrow!

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August 27, 2022, 10:41:21 AM
 #106

It will , or are you asking if this will happen in this soon day? then I am not sure if this is something to come that day because there are so much happening in crypto market nowadays and Bitcoin isn't ready yet to break that 40k again.
I know it will indeed returning because the last ATH is almost 70k then why doubt that this will happen again in the future.
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August 27, 2022, 01:34:29 PM
 #107

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've been monitoring the development of speculation and predictions in crypto or Bitcoin market changes every time a "halving" occurs I've seen it happen twice.
First: year 2017
And the second: 2021.

From the experience that I have seen, Bitcoin is easy to move to the level of $ 40k, if the time has come, maybe at this time we should continue to monitor Bitcoin developments on a regular basis the current direction of Bitcoin development, but i'm not sure i know this can go to $40k, maybe 1-2 years in the future, i have great hope and confidence for that.

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August 27, 2022, 05:52:11 PM
 #108

I think there's a high chance that the bitcoin price will hit $40k again. But that doesn't seem to be the case this year as the market situation is still weak and the bitcoin price is only trading above $20k and below $30k. Maybe next year there is hope that the price of bitcoin can reach $ 40k again. So let's see how far the bitcoin price has moved from the end of this year to the beginning of next year.
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August 28, 2022, 12:01:39 AM
 #109

I think there's a high chance that the bitcoin price will hit $40k again. But that doesn't seem to be the case this year as the market situation is still weak and the bitcoin price is only trading above $20k and below $30k. Maybe next year there is hope that the price of bitcoin can reach $ 40k again. So let's see how far the bitcoin price has moved from the end of this year to the beginning of next year.

It's true we have to believe Bitcoin will definitely hit the price of $40k again, that's why when the Bitcoin price drops like now don't panic,
but just keep collecting as much Bitcoin as possible. Nobody knows when Bitcoin will return to its $40k price, what is certain is that as you said
it is impossible for Bitcoin to reach a price of $40k this year. Especially now that the price of  Bitcoin is again showing a downward trend,
but we don't need to worry, the history of Bitcoin's movement proves how deep the price of Bitcoin fell, it will always recover again. So we really
have to be patient for now, it's really tiring to face a bear market situation. But if we don't want to regret, and want to make big profits from Bitcoin.
Then never doubt Bitcoin, just focus on collecting as much Bitcoin as possible, then holding Bitcoin until it reaches the target we want.

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rodskee
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August 30, 2022, 08:22:26 AM
 #110

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.
I believe that he is not a new trader because this seems to be not a total buyer instead he is just for Speculations and that is not a proper way to ask  , desperately checking about 40k when he does not even mentioned of holding some?
$40,000 USD is nothing and it will once again hit that number anytime soon. Remember, the $40,000 USD isn't even the all time high. Look at the charts. The price always reaches a new all time high and then after few months or years, the new all time high gets beaten and another ATH takes place.

Since you are a new trader, I would suggest you to learn the market first and know about the volatility of the market. Bitcoin can be $40,000 today and it can be $20,000 tomorrow!
maybe what he is asking if this can be reached sooner , and that is why he is eager to hear answer that is impossible to assume correctly .

Price will increase or decrease depend on how we contribute for the adoption .

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