Will it Hold? BTC Targets $40,000

[Ricardo11]

The price of bitcoin will definitely cross 40k, because the price of bitcoin is increasing at a very fast pace. Bitcoin is only 3k away from 40k which is not unusual, it will be soon. Because the Bitcoin bull market has started. If you have money to invest now, don't delay, invest now. Because its value doesn't seem to drop that much again. An investment you make now, You will get very much more back later.

[Minecache]

While the halving may be seen as the most powerful catalyst for us to move towards a bull season, I don't think that just because the halving is approaching makes bitcoin price inevitably increase. Furthermore, if you pay attention, the bull season will only come a few months or a year after the halving takes place, so I am never optimistic that as the halving approaches, bitcoin will only increase and increase.
What's happening in the market is that people are very bullish on ETFs but if the SEC once again delays approval then there won't just be a correction but a sharp correction, IMO.

It is still uncertain whether the bull season will come a few months or a year after the halving, it could be sooner or it could be longer. All predictions or past history cannot be used as a benchmark that the same moment will occur in the future. There will be changes according to trends that will occur later. But I remain optimistic that the Halving will have a good impact on the bitcoin market and coupled with the ETF which will have an extraordinary impact when it is approved.

Of course, we cannot say that the past will definitely repeat itself, but if there is no past, how can there be a future? Furthermore, it has been repeated 3 times in the past so I will still rely on the past and still believe that it will repeat until bitcoin creates a new history.

Furthermore, when people doubt that things will change and that it won't happen again, it's more likely to happen again. Sometimes things are easy to predict but we like to make things more complicated. We make too many assumptions and doubt everything, while we ourselves also have no evidence that it will happen.

[Nrcewker]

The price of bitcoin will definitely cross 40k, because the price of bitcoin is increasing at a very fast pace. Bitcoin is only 3k away from 40k which is not unusual, it will be soon. Because the Bitcoin bull market has started. If you have money to invest now, don't delay, invest now. Because its value doesn't seem to drop that much again. An investment you make now, You will get very much more back later.

How the fish you know that Bull season is started? It’s just a price correction according to me. During bull season, along with Bitcoins, all the coins go up. So this is just a price adjustment due to the demand made to accumulate the coin. But this doesn’t mean that you won’t buy the coins. If you want to really make profit,then buy the coin in this price segment also. New year will be big for the coins. So just start accumulating the coins and hold it.

[eightdots]

There could be a small amount of fall, it is still holding above 35k and that should be an important key factor here. I understand that not everyone may think about it the same way and I understand that because it has gone down just a little bit, some people will fear that it will go down a lot. However, that doesn't mean that we are not going to end up with anything that would be sensitive, it is true that we are going to end up with a situation that has to be realistically speaking higher in the near term, why? Because historically every single time we go through this type of thing, it is clear that we have gone higher after halving. So I am guessing, there could be some drops here and there, but the overall price will go higher for sure.

For me, I'm looking at two scenarios, either we will first hit $40k before the correction or the correction phase is what we are currently in after we kissed $38k current high, where we will have maybe $35k to hold as support because I'm expecting the market to move down a  bit to grab some liquidity if it aims to further continue this move to the upside before we get a major correction and after which we will go to $40k, And in the next move, $40k will no longer be the only target, it will move way above the price in its next move after this gathering of momentum.

Even if the support is not at 35k, I think the recovery will occur in a short time if the price drops further. In fact, the general expectation right now is that there will be a correction, but no one knows how much the price will fall in this correction. After the recent rise, the price remains at a good level. I wonder how long this situation will last.

Since we know what will happen at halving times, even if the price falls, its recovery will be rapid and it will rise again. We are approaching days that will make Bitcoin investors who have been waiting for a long time happy.

[Eternad]

The price of bitcoin will definitely cross 40k, because the price of bitcoin is increasing at a very fast pace. Bitcoin is only 3k away from 40k which is not unusual, it will be soon. Because the Bitcoin bull market has started. If you have money to invest now, don't delay, invest now. Because its value doesn't seem to drop that much again. An investment you make now, You will get very much more back later.

How the fish you know that Bull season is started? It’s just a price correction according to me. During bull season, along with Bitcoins, all the coins go up. So this is just a price adjustment due to the demand made to accumulate the coin. But this doesn’t mean that you won’t buy the coins. If you want to really make profit,then buy the coin in this price segment also. New year will be big for the coins. So just start accumulating the coins and hold it.

Considering how Bitcoin recover from 15K to 38K, many people will really assume that Bullrun already started since that is x2 growth already which is enough to consider a bull run due to the volume involved to back up this rally. This ain’t a correction from the last bull run because a cycle end when the price dip more than 50% from the ATH.

It’s safe to assume that we are really on bull run since everyone is already buying and most of the coin’s already grow atleast x2 from the previous bottom.

[Woodie]

Seeing how much Non-Farm Payroll(NFP) is affecting the crypto markets shows that the spot ETF could actually have a much bigger positive effect on the crypto markets considering its directly related to it...

And looking at how much momentum is currently in the markets, surely 40,000 dollars is just so near and we surely will be crossing over probably before the year ends and the bears can do nothing about it for now as they are watching from the sidelines for now. So anybody looking for a low this might be out low as a new ATH is on the cards.

[ajiz138]

The price of bitcoin will definitely cross 40k, because the price of bitcoin is increasing at a very fast pace. Bitcoin is only 3k away from 40k which is not unusual, it will be soon. Because the Bitcoin bull market has started. If you have money to invest now, don't delay, invest now. Because its value doesn't seem to drop that much again. An investment you make now, You will get very much more back later.

How the fish you know that Bull season is started? It’s just a price correction according to me. During bull season, along with Bitcoins, all the coins go up. So this is just a price adjustment due to the demand made to accumulate the coin. But this doesn’t mean that you won’t buy the coins. If you want to really make profit,then buy the coin in this price segment also. New year will be big for the coins. So just start accumulating the coins and hold it.

He may say bullish because from the price of $28K to $37K and it is approaching $40K but will never know to the limit of the level because the real is still difficult to break through and often times bitcoin has reached $37K always experiencing correction at this time.

Maybe you think that when bullishness comes then all altcoins will rise simultaneously? I don't think about altcoins at this time the most important thing is to see the current bitcoin movement there is no sign where bitcoin will continue to rise and this is a natural correction every time the increase is certain there will be another correction.
Then call it bitcoin, because the coin varies for us to choose, here talking about bitcoin.

[AnonBitCoiner]

I don't understand, but there is nothing special about the price of $40k. It is true that for humans, $39k and $40k are different, but from a graphical perspective, both prices are the same.
Will Bitcoin reach 42k? Yes, that will happen, but will the price be able to continue to stay at that level? I very much doubt that. We will be in the 30k-40k range for a while.

The price will continue to rise because April is still away and during April price will reach to the maximum value which will never be attained by any coin. 39k$ and 40k$ are not much different so we have to wait for more than 45k$ because at that price real Bull run will initiate. Bitcoin can persists with the value between 30k$ and 40k$ but during halving if price rise then that price will not persists for longer time as everyone will be in hurry to sell their bitcoin which will effect the price or bitcoin badly.

As we have seen from past month so the price of bitcoin is continuously growing instead of coming back to lower price of 30k$ so it will rise even more in coming months. Although there is no guarantee that price will surely grows or reduces because crypto future is unseen but as halving is coming so it is just an assumption about the growing value of crypto market.

[ShowOff]

Seeing how much Non-Farm Payroll(NFP) is affecting the crypto markets shows that the spot ETF could actually have a much bigger positive effect on the crypto markets considering its directly related to it...

And looking at how much momentum is currently in the markets, surely 40,000 dollars is just so near and we surely will be crossing over probably before the year ends and the bears can do nothing about it for now as they are watching from the sidelines for now. So anybody looking for a low this might be out low as a new ATH is on the cards.

Anyone who sold all their bitcoins tempted by today's profits will probably regret their actions if they don't reinvest on the dip. Price volatility allows them to accumulate with this approach, but of course there is a risk of being left behind because we cannot fully predict what will happen next.

I also believe that $40k could be hit before the end of the year, but if that fails then of course we can expect it towards the halving or after. The current priority is accumulation as opportunities to buy low will no longer be found once bitcoin surpasses its all-time high price in the next bull run. Unfortunately bitcoin still failed to break $38k, if it had succeeded yesterday then $40k could very well have been hit.

[armanda90]

Considering how Bitcoin recover from 15K to 38K, many people will really assume that Bullrun already started since that is x2 growth already which is enough to consider a bull run due to the volume involved to back up this rally. This ain’t a correction from the last bull run because a cycle end when the price dip more than 50% from the ATH.

It’s safe to assume that we are really on bull run since everyone is already buying and most of the coin’s already grow atleast x2 from the previous bottom.

More profitable who invested in bitcoin during bullish moment when bitcoin dropping under $15k and right now have raise more than x2 after bitcoin highest price around $38k. more than 50% bitcoin raise up is more than bull run regarding for investor brave purchase to buy bitcoin around price under $15k. But I don't think the bull run moment have been over although bitcoin since last several months drop to $15k not has chance to make another highest price after failure break to $38k depend one half month left in this year not difficult break to $40k.

Don't afraid for investors who already invested in bitcoin when have lower price to get another bull run momentum at the end this year and get grow more than at least x2 and I sure they will earn more x3 profitable depend how to be diamond hand when holding bitcoin.

[erep]

I also believe that $40k could be hit before the end of the year, but if that fails then of course we can expect it towards the halving or after. The current priority is accumulation as opportunities to buy low will no longer be found once bitcoin surpasses its all-time high price in the next bull run. Unfortunately bitcoin still failed to break $38k, if it had succeeded yesterday then $40k could very well have been hit.

The market only needs another 10% increase to reach $40k, realistic predictions can reach until the end of the year and I am optimistic that the market will close at $40k+ in December, if the predictions do not match expectations then we have a positive opportunity after the halving period for positive support increasing crypto market prices. I think the lowest price to correction high does not fall below $30k again but as the bullish period comes then we will soon see a recovery high to reach again the previous ATH and our hope is to make a new ATH record in the next 1 or 2 years.

[bestcoins1]

The market only needs another 10% increase to reach $40k, realistic predictions can reach until the end of the year and I am optimistic that the market will close at $40k+ in December, if the predictions do not match expectations then we have a positive opportunity after the halving period for positive support increasing crypto market prices. I think the lowest price to correction high does not fall below $30k again but as the bullish period comes then we will soon see a recovery high to reach again the previous ATH and our hope is to make a new ATH record in the next 1 or 2 years.

Another 10% increase for Bitcoin is something that might not be so difficult to happen by the end of this year, as everyone has also seen how Bitcoin has risen this month even though it has not yet crossed $38K. But the target of $40K itself is quite a logical thing for everyone to hope for because actually that number is a very close number to hope for so it is more possible for everyone this year, although I don't think that Bitcoin will immediately pass that number in the month next December.

[Captain Corporate]

It could go up and down, there is nothing more normal than something like that at all, it is literally the way how it works. I understand that some people fear it when it goes down, but we can't possibly have a scenario where the price only goes up, that just doesn't happen, its impossible. I understand that some people may want to see this current period as a just bull run that goes up super high, but even during 2021 bull run, price had some roadblocks. Just accept the future, and hold, long term holder should not be worrying about these movements and short term trader should be happy about it, so this is a period that works out well for everyone all at the same time.

[Marvelman]

Really. The chance of a 10% bump to get to 40k seems doable, particularly with all the realistic forecasts going on through the end of the year.  Your upbeat perspective makes total sense, and I agree we probably won't plunge below 30k again.  The bull run you're calling could pave the way for new records, maybe even blowing past the last all-time high.

[Oasisman]

The price of bitcoin will definitely cross 40k, because the price of bitcoin is increasing at a very fast pace. Bitcoin is only 3k away from 40k which is not unusual, it will be soon. Because the Bitcoin bull market has started. If you have money to invest now, don't delay, invest now. Because its value doesn't seem to drop that much again. An investment you make now, You will get very much more back later.

Increasing at a very fast pace and only 3k away from 40k, how does that became unusual? I mean bitcoin's nature is very volatile, It may drop and pump gradually or suddenly pretty unpredictable but not unusual.
And I don't think we have entered bull market yet, the price you're seeing are most likely an effect of the continued accumulation from investors who's looking to maximize their profit after the bitcoin halving. Everyone is well aware of the halving hype, so it has already been expected for bitcoin price to gradually pump, but that doesn't mean the bullrun has started. You'll see on the latter after the bitcoin halving on what a real bullrun really looks like.

[Wiwo]

It will reach $40,000 for sure and will also follow a quick drop off to $32k which will act as support this time, instead of any resistance, so, in short, yes, Bitcoin is going to hold the Target prices and soon it will be breaking the previous All-Time High, right after Bitcoin Halving in 2024. If you have money available, you should focus on buying Bitcoin and HODLing as these prices will never be available again in the future.

We are not far from achieving that price benchmark for Bitcoin in this season and that for sure will come out at some point before the end of this year 2023 $40k price is not far from the present Bitcoin base price and on several note,  Bitcoin have made attempts to cross $38k price and if that happens at any point.

The next target after that becomes $40,000 which is just a 3% price increase from the present position.

[n0ne]

It will reach $40,000 for sure and will also follow a quick drop off to $32k which will act as support this time, instead of any resistance, so, in short, yes, Bitcoin is going to hold the Target prices and soon it will be breaking the previous All-Time High, right after Bitcoin Halving in 2024. If you have money available, you should focus on buying Bitcoin and HODLing as these prices will never be available again in the future.

We are not far from achieving that price benchmark for Bitcoin in this season and that for sure will come out at some point before the end of this year 2023 $40k price is not far from the present Bitcoin base price and on several note,  Bitcoin have made attempts to cross $38k price and if that happens at any point.

The next target after that becomes $40,000 which is just a 3% price increase from the present position.

The price increase used to happen good during the end months. Maybe the year end growth could push the market harder and help in reaching $40k at the earliest. For now the market is moving around $35k-$36k which we can expect to have hard push by the ongoing month end. During the vacation normally the price used to increase. Same time there is little expectation on the altcoins season, if that happens we'll experience the price reaching $40k getting delayed.

[bitterguy28]

Really. The chance of a 10% bump to get to 40k seems doable, particularly with all the realistic forecasts going on through the end of the year.  Your upbeat perspective makes total sense, and I agree we probably won't plunge below 30k again.  The bull run you're calling could pave the way for new records, maybe even blowing past the last all-time high.

Talking about this year? yes seems to be the price will no drop below 30k this 2023 because there is a strong hold now above 30k limit.
breaking 40k is near the table  https://coinmarketcap.com/currencies/bitcoin/ Yesterday the price stands above 37k but sadly it  fell down to 36ish again but waiting to see it crossed 40k any time before November ends or in the middle of December .
also I was waiting for this to be taken in the middle of August but saddenly it didn't happen so happy at least its here now.

[Bitcoin_people]

Currently the market position looks very good so we can say for sure that the Bitcoin market will reach $40k before the end of 2023. In 2023 the Bitcoin market was not very good in the beginning but gradually we saw a good growth in the Bitcoin market towards the end. We expect the Bitcoin market to grow even more in 2024, as we have already seen many investors predict. And since 2024 is our bitcoin halving year, we can expect the bitcoin market to exceed $45k before the halving. That's why we think the best plan would be to invest in Bitcoin and hold it for the long term.

[virasog]

The price of bitcoin will definitely cross 40k, because the price of bitcoin is increasing at a very fast pace. Bitcoin is only 3k away from 40k which is not unusual, it will be soon. Because the Bitcoin bull market has started. If you have money to invest now, don't delay, invest now. Because its value doesn't seem to drop that much again. An investment you make now, You will get very much more back later.

We need to be very clear about what are our selling targets for BTC and what will be our plan of action if the price reaches 40K in few weeks times.

Will you sell the bitcoin at this price, if you see 40K tomorrow morning? If you are doing so, it means that you invested in Bitcoin for a short term, you got your target and you exited. Or you are one of those who knows that Bitcoin will reach All time high and even at 100,000 and beyond, but you are just selling in the excitement that Bitcoin reached 40K after more than a year , it may not sustain and it may dump again?

In this case, you are doing a big mistake. If you came here with a vision to see when there is a bull market and take full advantage of it, exiting at 40K shows an immature decision.