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Author Topic: $40k Price Target Achieved  (Read 377 times)
Dunamisx
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December 05, 2023, 12:37:45 PM
 #21



On 7th June, 2023 I posted on my TradingView and even here on Bitcointalk that Bitcoin is ready for the next move i.e. to reach $40k.
And it finally happened this week. Bitcoin price is clearly at $41k and it took 168 Days or 24 weeks for the target to be achieved.

If you all are not sure about my Final Bitcoin Bull Run price target, it's $173,566 Before November, 2025. (https://bitcointalk.org/index.php?topic=5463885.msg62722173#msg62722173)
Time to buy as much Bitcoin you can buy and just HODL.

 Wink

If am not mistaken bitcoin hit $42,000 as well even a little bit more than your previous prediction which clearly shows that we are leaving the bear market already completely and all that have previously discussed about bitcoin getting bullish althrough the year are getting it right already with their own predictions as well, the market is going more bullish and having strong resistance against the bearish move, this time around, we are targeting on seing bitcoin getting to as far as fifty thousand dollars or so and on or before January 2024, there should be more achievements on this because there's more expectations on the bitcoin spot ETF as well which is possibly part of the reasons we are having this same experience on bullish market.



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[15.00000000 BTC]


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December 05, 2023, 12:43:38 PM
 #22



On 7th June, 2023 I posted on my TradingView and even here on Bitcointalk that Bitcoin is ready for the next move i.e. to reach $40k.
And it finally happened this week. Bitcoin price is clearly at $41k and it took 168 Days or 24 weeks for the target to be achieved.
Good analysis ImThour. I'm sure your prediction when posting on tradingview account, you didn't think that Bitcoin price ready $40k would happen that fast did you?

The next highest price is based on your predicted target before November 2023. I'm still not sure it will happen exactly at the time you mentioned, although I hope your prediction comes back correct.

If you all are not sure about my Final Bitcoin Bull Run price target, it's $173,566 Before November, 2025. (https://bitcointalk.org/index.php?topic=5463885.msg62722173#msg62722173)
Time to buy as much Bitcoin you can buy and just HODL.

 Wink
Buying and holding Bitcoin until the price reaches its highest is not far away. When Bitcoin's price is already $41,800 and has a chance of returning to $42k, people are still thinking doubtfully, those of us who believe a new ATH will occur will buy and hold.

R


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Popkon6
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December 05, 2023, 01:02:30 PM
 #23



On 7th June, 2023 I posted on my TradingView and even here on Bitcointalk that Bitcoin is ready for the next move i.e. to reach $40k.
And it finally happened this week. Bitcoin price is clearly at $41k and it took 168 Days or 24 weeks for the target to be achieved.

If you all are not sure about my Final Bitcoin Bull Run price target, it's $173,566 Before November, 2025. (https://bitcointalk.org/index.php?topic=5463885.msg62722173#msg62722173)
Time to buy as much Bitcoin you can buy and just HODL.

 Wink

Bitcoin Halving in 2024, Currently December 2023 Bitcoin price is moving forward with Bullran momentum. Since Bitcoin halving is in 2024, Bitcoin price will reach its maximum ATH in December 2025, the year after the halving. So now is the best time to research Bitcoin prices and hold. As much Bitcoin as you buy, keep it on hold for the future. The more bitcoins you hold, the more wealth you will own in the future, Bitcoin is the currency of educated people.

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KiaKia
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December 05, 2023, 01:03:30 PM
 #24

I am not going to wait for 173k before I will start taking profits and I have my reasons for this plan, unless if ETFs approval really become a thing, if it doesn't then do no expect that price target or you will miss out big time when the market decide to go back down.

I am expecting some corrections from now on into the coming year but I still believe that 15k and 17k from the last dips will be the best buying time for Bitcoin in this cycle, those who failed to take actions already missed out.

If any bad news comes before the halving, which is possible because anything is possible in crypto space, then it will be welcomed by me, those who will panic will panic but it can never be me, I have been around bulls and bear markets, I refuse to be someone who doesn't know what a big opportunity looks like.
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December 05, 2023, 01:27:42 PM
 #25



On 7th June, 2023 I posted on my TradingView and even here on Bitcointalk that Bitcoin is ready for the next move i.e. to reach $40k.
And it finally happened this week. Bitcoin price is clearly at $41k and it took 168 Days or 24 weeks for the target to be achieved.

If you all are not sure about my Final Bitcoin Bull Run price target, it's $173,566 Before November, 2025. (https://bitcointalk.org/index.php?topic=5463885.msg62722173#msg62722173)
Time to buy as much Bitcoin you can buy and just HODL.

 Wink
There's a time I talked about Bitcoin getting to $45k before it distributes. All then I have been using Smart Trend to get on my trade

I believe in Crypto| BTC Analyst| Trader in good Cex (Bitget and Binance)
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December 05, 2023, 01:35:52 PM
 #26

On 7th June, 2023 I posted on my TradingView and even here on Bitcointalk that Bitcoin is ready for the next move i.e. to reach $40k.
And it finally happened this week. Bitcoin price is clearly at $41k and it took 168 Days or 24 weeks for the target to be achieved.

If you all are not sure about my Final Bitcoin Bull Run price target, it's $173,566 Before November, 2025. (https://bitcointalk.org/index.php?topic=5463885.msg62722173#msg62722173)
Time to buy as much Bitcoin you can buy and just HODL.

 Wink
yeah, bitcoin has hit a 19-month high since its decline. Bitcoin brings overall excitement to the market, which could be a confirmation to the SEC once again. Lol, In my opinion, bitcoin has created strong optimism and belief but it is clear that the bullrun time of the new halving is the maximum time that we will see a new ATH. I agree perfect time to go ahead and buy, buy and hold

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December 05, 2023, 01:43:56 PM
 #27

I follow several TradingView people who always make DCA and news about bitcoin, the 40k target has been achieved and is correct. Maybe at the end of December there will be a Bitcoin correction before the price rises further. This is very interesting, the analysis of the OP's post is extraordinary, if the future price of Bitcoin's new ATH reaches 175k, the volume will be very large

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December 05, 2023, 02:38:14 PM
 #28

Technically, maybe Bitcoin will exceed the price you expected. It's about confidence in predictions based on technical analysis, now is a good time to buy before the spike gets higher. There may be a correction before the next spike, but the volatility load becomes an opportunity to collect large amounts at a slightly cheap price. Holding is a good decision after buying as much as possible, wait until that moment comes, you will feel the big benefits from the investment you have made so far.

R


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December 05, 2023, 03:34:55 PM
 #29

November 2025 is nearly 2 years away, so the prediction mentioned by the op seems pretty safe to me, even though I'm not sure how big of a multiplier we can expect for the next ATH point.
Also, while Bitcoin is finally over $40k, saying in June 2023 that it was ready for $40k seems to count as a mistake to me, considering that it took another 5 months for that to actually happen.
We don't know how the current run will end, but I hope the fees will normalize soon because they are already unpleasant and seem to be, once again, on the rise right now.

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December 05, 2023, 04:16:22 PM
 #30

On 7th June, 2023 I posted on my TradingView and even here on Bitcointalk that Bitcoin is ready for the next move i.e. to reach $40k.
And it finally happened this week. Bitcoin price is clearly at $41k and it took 168 Days or 24 weeks for the target to be achieved.
There were many resistance to this price, that is why it took so long for the 40k mark to be breached. From the charts too, we look to be having an upward trend with many buyers than sellers. IMO, I expect the bullish trend to continue because of how much everyone is looking forward to next year for bitcoins. Even if there appears some kind of draw back in the price at some point like things bearish, ignore it. It is a general believe that everyone expects bitcoins to do well next year, so it is affecting people making them buy more bitcoins.

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December 05, 2023, 04:17:01 PM
 #31

On 7th June, 2023 I posted on my TradingView and even here on Bitcointalk that Bitcoin is ready for the next move i.e. to reach $40k.
And it finally happened this week. Bitcoin price is clearly at $41k and it took 168 Days or 24 weeks for the target to be achieved.
Did you then predict on June 7, 2023 that bitcoin would reach the target of $40,000 on December 5, 2023? That is, you knew and announced that this would take "168 Days or 24 weeks"? I can't understand anything from your picture in the first post.

If it took more or less than "168 Days or 24 weeks" for this to happen, could your forecast be considered true?

Let's assume that your prediction was correct. And now the question. How many of your forecasts turned out to be wrong over the entire period of your forecasts for bitcoin's price?

If you all are not sure about my Final Bitcoin Bull Run price target, it's $173,566 Before November, 2025. (https://bitcointalk.org/index.php?topic=5463885.msg62722173#msg62722173)
Ok. Now we know when to sell the bitcoin. Can you tell me when is the best time to buy? In the sense that when there is the lowest price per bitcoin during this period, we could certainly make good profit on BTC-rate speculation.

I couldn’t contain the surge of sarcasm that inevitably arises at the sight of omniscient predictors.

Time to buy as much Bitcoin you can buy and just HODL.

 Wink
Any time is always right for this (of course, with some reservations). Isn't it so?

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December 05, 2023, 05:30:35 PM
 #32



On 7th June, 2023 I posted on my TradingView and even here on Bitcointalk that Bitcoin is ready for the next move i.e. to reach $40k.
And it finally happened this week. Bitcoin price is clearly at $41k and it took 168 Days or 24 weeks for the target to be achieved.

If you all are not sure about my Final Bitcoin Bull Run price target, it's $173,566 Before November, 2025. (https://bitcointalk.org/index.php?topic=5463885.msg62722173#msg62722173)
Time to buy as much Bitcoin you can buy and just HODL.

 Wink
As always, Bitcoin knows how to surprise, I honestly didn’t believe in its rise, especially after such a sharp fall, there were even thoughts about a scam, but nevertheless it always comes back. But although I think there were whales involved... If there is speculation again, then no one will believe in it next time
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December 05, 2023, 05:42:12 PM
 #33


On 7th June, 2023 I posted on my TradingView and even here on Bitcointalk that Bitcoin is ready for the next move i.e. to reach $40k.
And it finally happened this week. Bitcoin price is clearly at $41k and it took 168 Days or 24 weeks for the target to be achieved.

Good work, I appreciated, keep it up and spread positive news about btc in the world. I am not familiar with technical analysis  but I trust btc and never lost faith upon btc. BTC will definitely rise more than our thinking, expectations and analysis. We have to just show patience and be positive and we will be winner in the long term.

In case if you missed, I want to give you goos news that btc has break 43k$ and now trading above 43k$. The way the btc is rising I believe that we are going to break ATH in this year.

If you all are not sure about my Final Bitcoin Bull Run price target, it's $173,566 Before November, 2025. (https://bitcointalk.org/index.php?topic=5463885.msg62722173#msg62722173)
Time to buy as much Bitcoin you can buy and just HODL.

 Wink

$173,566 is possible and could be achieved in 2024. Buy btc is profitable but we should use a good strategy for buying. we should have to DCA for buying which is less risky and good for long term holding.

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December 05, 2023, 05:56:36 PM
 #34

On 7th June, 2023 I posted on my TradingView and even here on Bitcointalk that Bitcoin is ready for the next move i.e. to reach $40k.
And it finally happened this week. Bitcoin price is clearly at $41k and it took 168 Days or 24 weeks for the target to be achieved.

If you all are not sure about my Final Bitcoin Bull Run price target, it's $173,566 Before November, 2025. (https://bitcointalk.org/index.php?topic=5463885.msg62722173#msg62722173)
Time to buy as much Bitcoin you can buy and just HODL.
 Wink

As I'm typing bitcoin has juts cross over 43k benchmark at 5:50 pm forum time, what a time to be alive to see bitcoin recovery but I guess there must be a dark green signal of ETF for Bitcoin to have this momentum all to itself, I think before the end of the year bitcoin will crossover or trade between $50k. However, I'm happy to see this but what happened after this run, it's going to collapse like the old time days or will be stronger with the incoming institutional investors.

Another thing I'm curious is the bull run, we are some months away to bull run and it seems the recovery is faster than what I expected this season of halving, I'm just curious to see how the market is going to behave on the bull run. The last one we had I think dump on that day but seeing institutional investors pured millions into bitcoin, maybe it's here to stay strong this time.

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December 05, 2023, 06:05:49 PM
 #35

$173k peak this cycle sure would be nice. I'm only expecting like $130k-$150k personally.

Well, Bitcoin can technically cross even $200k in this bull run but as a safe prediction I would say that $120k or above is going to be the next ATH that we are going to see in the upcoming bull run. That target will be achieved for sure without any doubt within just two years. I believe that 2025 is going to be the best year for the holders who want to have their investment 3x to 7x depending on when they have invested into Bitcoin.


The energy about the profitability of bitcoin, at this time is very high, with the massive pump within months in this year, gives assurance of a deserved tittle of bitcoin ATH. With so much expectations in the bitcoin space for next year $200k, mark could be achievable, although I like your modest prediction of anything above $120k, however it happens, we're sure of a massive bull run.  Despite the relatively high price now, it's still not late to start accumulating bitcoin, for those that are just waking up to bitcoin profitable reality on ground.

R


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December 05, 2023, 06:16:23 PM
 #36

Very good, with a lot of study and dedication it is possible to plan very well for bitcoin's market movements, now you have to wait patiently for the movement to end to finally reap the rewards of this.

my personal opinion, bitcoin goes up to 132.000 dollars

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December 05, 2023, 06:21:24 PM
 #37

Am I the only one who clicked on that play button in the image hehe (silly us) well, I am happy that your prediction worked out as you have... BTC just tested the resistance of $44k, it did not touch but was near to it. I guess it will break it but it does not matter because it matters for short-term traders and according to your analysis, I can say you are a holder, not a trader.

I did not see this chart before when you posted it but I am bad at reading charts until someone teaches me like a baby. But now I am making progress and I liked your chart and hope BTC will touch the target of $173,566 before November 2025, maybe in September hehe my HBD is in Sep.

In the long run, BTC is bullish and I did know that but I was not expecting it to touch the $173,566 target as I was hoping it will touch the $110,000 maximum but you are 3rd legit reputed person I have seen saying it could reach $170,000.

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December 05, 2023, 06:39:13 PM
 #38

It's obvious the ATH is going to be massive but I am very careful not to have any expectations so I don't get unexpected results. But by the coming cycling I expect a big push in Bitcoin price at least above 200% from the current price
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December 05, 2023, 07:09:42 PM
 #39

That's too high there must be early sellers at $100K if that's the case, but even that is still quite realistic with your bullish guess of November 2025.

Will believe if bitcoin reaches $173K in the future, for sure we now have to be strong HODL to resist all temptations because the price continues to rise and even those who have bought at the lowest price are already more than 150% profit.

Take action, or hold on with all your might. Cheesy

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December 05, 2023, 07:21:47 PM
 #40

It seems we are officially in a bull trend. I don't know the exact reason, but investors start realising that a Bitcoin investment would be a better investment than any other investment. Probably this is the ETF news trend. I believe when ETFs get approved, Bitcoin will probably reach $60,000. Then it would move more slowly and surpass the previous ATH. The good news is that investors are start to believe again in Bitcoin. I hope Bitcoin will keep growing.
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