Bitcoin Hits $40,000 for First Time Since April 2022

[Zaguru12]

Yep , now bitcoin is $41k . We all know that is the bullish season of bitcoin and halving is near so what are you thinking nothing can stop bitcoin. The price is increasing and interesting Bitcoin predictors predict that the price of bitcoin will go up to $100k but i think the price of bitcoin in this year will stay under $50k. But it's not taking long to take bitcoin moon .So what relax guys price is increasing and halving is near hold bitcoin more.

If you ask me what can actually stop this bitcoin pre halving bull run I will say it will be a big exchange collapse or the most effective one will be the SEC actually canceling the ETF approval or delaying it. This two things can cause stare in the market as some people you are aggressively buying are looking at the pre halving bullish due to ETF.

As for the price prediction, no one actually predicted a $100k this year, most predictions of bitcoin surpassing the current all time high of ~$69k is after the halving next year and the precise prediction by many that bitcoin will touch $100k is in the year 2025, which is also my predictions. I also agree with you that this years price wouldn’t go beyond $50k, I had set my resistance level to $40k before but it just broke past it so I am going with the $50k

[coinremitter]

That's an impressive surge for Bitcoin, hitting $40,000 after a significant climb in the past month. The positive sentiment is likely tied to the anticipation of a Bitcoin ETF approval in the U.S. If this trend continues, reaching $45,000 by the end of 2022 seems plausible. Keep an eye on market developments and trends for a clearer picture.

[Volimack]

Bitcoin will hit its previous price again. The price has increased a lot and is a great opportunity for investors to invest in bitcoin. Everyone is hoping that the price of 100k will go. Bitcoin price may go higher by the end of 2024. The so called winter of cryptocurrencies is coming to an end. Bitcoin price may rise by few percent more. Investors won't sell of the coin as profits grow in bitcoin while selling a little will still have good cash flow.

[Litzki1990]

Bitcoin price touched $40,000 last night which is a very good news for Bitcoin investors and every crypto user. For a long time we have seen the price of Bitcoin stay below $30,000, it took some time for Bitcoin to cross $30,000, and after crossing $30,000 it didn't take long for Bitcoin to hit $40,000. Bitcoin has crossed the $40,000 barrier and is now likely to cross the $50,000 resistance. The middle to end of this year has been a very good time for Bitcoin to catch on as the price of Bitcoin has been able to rise significantly during this time of the year. As a bitcoin investor I am quite optimistic about the market and I think the bitcoin market will be able to go higher. As the Bitcoin market goes higher, it will be good news for investors like us.

[Blitzboy]

We can watch with curiosity as it defies gravity and skepticism, pointing to future expansion. A Bitcoin ETF in the U.S. is anticipated with excitement, signifying a revolutionary mainstream adoption. This excitement goes beyond numbers; it shows a belief that Bitcoin can change how we view and interact with digital assets. Predicting a $45,000 price target by 2023 sounds likely. Beyond market trends, Bitcoin's value and potential are shared. Each step toward this milestone strengthens Bitcoin's relentless pursuit of acceptance and respect, therefore it will be closely observed.

[Casdinyard]

What the fuck is going on with bitcoin nowadays lol. All of my friends (including myself) are expecting bitcoin to undergo some correction eventually into the future. But look at where we are right now, almost at the glory days once again! Don't get me wrong, I'm liking what I'm seeing and this definitely makes me feel optimistic about the year-ender price of bitcoin but at the same time I'm kind of getting into the prediction that eventually, we're going to hit a wall and it might even affect bitcoin majorly if ever. For the meantime though, I guess let's just wait for the whole ball to roll and expect that at the very least, by early 2025 we get a new ATH based on bitcoin's trend over the years.

[Popkon6]

It's the first time that the price of Bitcoin has been that high since April 2022, right before the broader cryptocurrency market plunged. Bitcoin's near 20-month peak represents a 15% climb over the past 30 days, with the price of the coin more than doubling since this time last year.

source

We can expect Bitcoin price to reach $45,000 by the year 2022.

After a long time Bitcoin price is completing high speed and Bitcoin price has touched up to 42 thousand dollars. Today the price of Bitcoin has gone up so fast in a short period of time that the price of Bitcoin is increasing unimaginably. Bitcoin price may touch 50 in December ofcourse.
Investing in Bitcoin is definitely better because I am very happy with my portfolio as my wealth has increased. So I will never stop investing Bitcoin in my DCA method. Everyone keep investing in Bitcoin and your wealth will grow.

[sunsilk]

We can expect Bitcoin price to reach $45,000 by the year 2022.

No doubt, in less than 24 hours or nearly on it we've got a lot of movements already. That's possible to make this year ending to reach $45k or if not, close to it.

How are those people that are still waiting for the $12k as the lowest for this year? We've got halving next year and then some potential approval for the Bitcoin ETF that's been filed.

But even if most of it doesn't get an approval, that's still fine. We've seen Bitcoin not reliant to it but no denial that they're going to be some great push for the bull run if approved.

[leonair]

It's the first time that the price of Bitcoin has been that high since April 2022, right before the broader cryptocurrency market plunged. Bitcoin's near 20-month peak represents a 15% climb over the past 30 days, with the price of the coin more than doubling since this time last year.
The rising price appears to reflect continued optimism and excitement over the anticipated approval of a Bitcoin spot exchange-traded fund (ETF) in the United States.
source

We can expect Bitcoin price to reach $45,000 by the year 2022.

BTC has been growing very fast for a while now and it crossed 42K today.  Such behavior of Bitcoin seems that Bitcoin price will make ATH soon. And this could create an interesting new ATH going into 2024 which will probably be 80k+ and if this happens Bitcoin will once again prove that it follows a four year cycle. Buying and holding bitcoins now would probably be very profitable even though we had a great opportunity to buy bitcoins on the dip before but we didn't take advantage of it.  But there is still a good chance

[moneystery]

as usual, bitcoin movements are difficult to predict, even i myself don't know what causes the market to move as it is now. but it seems this is related to etfs and the fed cutting interest rates.

i am very happy with this news because after we have been in an uncertain position for a long time, bitcoin has finally penetrated 40k usd and it looks like the movement will be even more in the next few weeks.

[sokani]

I knew it would touched $40k in December but I never thought it would happened this soon. This is indeed a beautiful surprise, the market is getting bullish already. Yesterday, I commented on the speculation board and I speculated about it reaching $44k in the next 60 days but it's looks like it's going to happen in few days. If spot Bitcoin ETF gets approved in the coming months coupled with Bitcoin halving, which is around the corner, Bitcoin could hit ATH in 2024.

[benalexis12]

I knew it would touched $40k in December but I never thought it would happened this soon. This is indeed a beautiful surprise, the market is getting bullish already. Yesterday, I commented on the speculation board and I speculated about it reaching $44k in the next 60 days but it's looks like it's going to happen in few days. If spot Bitcoin ETF gets approved in the coming months coupled with Bitcoin halving, which is around the corner, Bitcoin could hit ATH in 2024.

Many people really expect that Bitcoin will really reach that price in the month of December, and even based on my fundamental analysis this month of December, the price of Bitcoin can play between 40k$-60k$ before the end this year for sure.

And entering January 2024 is when we will really see the rally price value of Bitcoin as it approaches the halving event itself in the month of April-May 2024.

[ultrloa]

I knew it would touched $40k in December but I never thought it would happened this soon. This is indeed a beautiful surprise, the market is getting bullish already. Yesterday, I commented on the speculation board and I speculated about it reaching $44k in the next 60 days but it's looks like it's going to happen in few days. If spot Bitcoin ETF gets approved in the coming months coupled with Bitcoin halving, which is around the corner, Bitcoin could hit ATH in 2024.

Many people really expect that Bitcoin will really reach that price in the month of December, and even based on my fundamental analysis this month of December, the price of Bitcoin can play between 40k$-60k$ before the end this year for sure.

And entering January 2024 is when we will really see the rally price value of Bitcoin as it approaches the halving event itself in the month of April-May 2024.

Not totally expect but speculated since people are trying to predict it could happen since bitcoin halving is their basis since usually we could really see a bullrun happened at that time.

Since $41k price has been achieve then I think that maybe there's more with this as we are still at early December so the potential for bitcoin to reach for $50k is now really possible.

This also indicate that its good to hodl since we already see a snapshot on what will be the possible outcome on next year. So we could maybe agree with this that all people who hold their bitcoins will provably became lucky especially if it hits for another all time high which is all people really want to happen.

[Zanab247]

as usual, bitcoin movements are difficult to predict, even i myself don't know what causes the market to move as it is now. but it seems this is related to etfs and the fed cutting interest rates.

i am very happy with this news because after we have been in an uncertain position for a long time, bitcoin has finally penetrated 40k usd and it looks like the movement will be even more in the next few weeks.

Sometimes you will predict for a particular price to happen in the market but it will not come to pass like the way investors have be expecting this $40k to occur for hodlers that bought when the price was $20k to make a good profits but the price just hit the $40k yesterday. This new increase will make some hodlers to start releasing their BTC for sale without asking any question if it's time to sell or hodl because many people have been waiting for the price to reach $40k before they will visit the market to achieve their profits before the end of the year.

The price will rise more than this next week for people to know that bear run is about to leave for bull run to take the position till the end of next 2 years 2025 before bear run will show up for people to buy and hodl again.

[rojan]

It's the first time that the price of Bitcoin has been that high since April 2022, right before the broader cryptocurrency market plunged. Bitcoin's near 20-month peak represents a 15% climb over the past 30 days, with the price of the coin more than doubling since this time last year.
The rising price appears to reflect continued optimism and excitement over the anticipated approval of a Bitcoin spot exchange-traded fund (ETF) in the United States.
source

We can expect Bitcoin price to reach $45,000 by the year 2022.

BTC has been growing very fast for a while now and it crossed 42K today.  Such behavior of Bitcoin seems that Bitcoin price will make ATH soon. And this could create an interesting new ATH going into 2024 which will probably be 80k+ and if this happens Bitcoin will once again prove that it follows a four year cycle. Buying and holding bitcoins now would probably be very profitable even though we had a great opportunity to buy bitcoins on the dip before but we didn't take advantage of it.  But there is still a good chance

Suddenly such a high-quality pump of Bitcoin is as good as expected, and the extra high is also very scary.  Now is the time to pump Bitcoin though because the price of Bitcoin has been in the dumps for years. So now if there is an extra pump it can not be thought of as something negative.  We all know that Bitcoin will make ATH and has done so many times before.  It is true that there is still plenty of time to invest in Bitcoin but one must follow DCA instead of panicking on the hype while investing.

[chigo]

I knew it would touched $40k in December but I never thought it would happened this soon. This is indeed a beautiful surprise, the market is getting bullish already. Yesterday, I commented on the speculation board and I speculated about it reaching $44k in the next 60 days but it's looks like it's going to happen in few days. If spot Bitcoin ETF gets approved in the coming months coupled with Bitcoin halving, which is around the corner, Bitcoin could hit ATH in 2024.

it just takes time for bitcoin to reach its ath considering that bitcoin's ETH approval is getting closer and there are already many brokers who are interested in it and will push bitcoin to its highest point

This is good news for crypto holders like us, because we have long hoped that bitcoin could be accepted by more people globally and with these brokers introducing bitcoin ETF products to more people it is hoped that it will encourage the adoption of bitcoin and increasing the price which can give us holders the maximum profit we hope for

[Samlucky O]

So seeing Bitcoin at 40k really excites me at this moment in time because many who bought Bitcoin when the price was below or within the 20k region, are already in massive gains right now.

Not only you. I didn't expect it to go so high this close range. I was expecting maybe from next year 2024. But seeing the massive move of bitcoin makes me have a hope and confident that Bitcoin will soar so higher by next year. If it can hit $41k this year maybe next year would rise to $50+

Indeed those that bough Bitcoin when it was dip at $20k, by now must have made %100 profit.

[leonair]

It's the first time that the price of Bitcoin has been that high since April 2022, right before the broader cryptocurrency market plunged. Bitcoin's near 20-month peak represents a 15% climb over the past 30 days, with the price of the coin more than doubling since this time last year.
The rising price appears to reflect continued optimism and excitement over the anticipated approval of a Bitcoin spot exchange-traded fund (ETF) in the United States.
source

We can expect Bitcoin price to reach $45,000 by the year 2022.

BTC has been growing very fast for a while now and it crossed 42K today.  Such behavior of Bitcoin seems that Bitcoin price will make ATH soon. And this could create an interesting new ATH going into 2024 which will probably be 80k+ and if this happens Bitcoin will once again prove that it follows a four year cycle. Buying and holding bitcoins now would probably be very profitable even though we had a great opportunity to buy bitcoins on the dip before but we didn't take advantage of it.  But there is still a good chance

Suddenly such a high-quality pump of Bitcoin is as good as expected, and the extra high is also very scary.  Now is the time to pump Bitcoin though because the price of Bitcoin has been in the dumps for years. So now if there is an extra pump it can not be thought of as something negative.  We all know that Bitcoin will make ATH and has done so many times before.  It is true that there is still plenty of time to invest in Bitcoin but one must follow DCA instead of panicking on the hype while investing.

DCA method must be followed for investing whether during hype or dip. Because we know it always minimizes our losses and minimizes our investment and frees us from major risks. DCA must be followed for this be it Bitcoin investment or any other altcoin investment. We never imagined that Bitcoin price would cross 42k so quickly. Maybe the big analysts figured it out, but I thought the big Bitcoin pump would start in mid-2024. But it has already started so it looks like Bitcoin may make a new ATH again in mid-2024.