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[aryan4]

According to analyst comments, it is reported that around $ 40 thousand can be tested again, unless it falls below $ 28-29 thousand. Do you think Bitcoin could reach $ 40,000 again in the near future?

 

[aryan4]

In this short time, Bitcoin seems to have recovered some of its losses. Even though it has increased to 35 thousand dollars, it looks a little tired.

 

[Niftyicon]

I do hope it reaches that $40k mark again if not for anything, for the sake of those who invested when bitcoin was at the $30ks.

 

[Virkk]

According to analyst comments, it is reported that around $ 40 thousand can be tested again, unless it falls below $ 28-29 thousand. Do you think Bitcoin could reach $ 40,000 again in the near future?

I have bought Bitcoin at $41,000 with my all money and house price is very low.
I am sure that its price will again rise to $50,000 in coming month

 

[aryan4]

I have bought Bitcoin at $41,000 with my all money and house price is very low.
I am sure that its price will again rise to $50,000 in coming month

I hope it will happen as you said. It seems a little harder to come up with a clear idea for the short term, but I think the gains will continue in the long run.

 

[leithy]

Bitcoin seems to hovering between $30000 and $35000 at the moment. Every chance it will continue but I believe it will rise to $40000 again, the only unknown is the timescale.

 

[achawaskey]

I think it will considering what has happened within few months back, the sharp fall will not prevent it from rising after all we have witness any major event.

 

[aryan4]

Like many people, I believe that Bitcoin will bring very good gains, especially in the medium and long term. I hope there are good developments for all investors.

 

[SCAMEXPOSER]

There is every likely hood that if bitcoin should touch $40k again without crossing it rapidly to $42k lot's of people will dump it.

 

[aryan4]

I am not an expert, but as far as I have seen, sellers appear suddenly around 35 thousand dollars. Maybe, the price of 35 thousand dollars can be exceeded, which can relax the market a little more.

 

[SCAMEXPOSER]

I am not an expert, but as far as I have seen, sellers appear suddenly around 35 thousand dollars. Maybe, the price of 35 thousand dollars can be exceeded, which can relax the market a little more.

The sudden decline from $40k to about $34k was what prompted lots of people to decide to sell off their coins especially people who had bitcoin below $20k.

 

[aryan4]

Looking at the prices being traded, it seems quite difficult to predict bitcoin's direction. Because it has difficulty neither falling below a certain price nor exceeding a certain price. As if stuck within a certain range.

 

[highspeed]

Well, optimistically speaking, my answer is YES, it will.
But having said that, always the wise answer: "only the time will tell!". (In italian: "Solo il tempo, potrà dirlo!")

 

[SCAMEXPOSER]

Looking at the prices being traded, it seems quite difficult to predict bitcoin's direction. Because it has difficulty neither falling below a certain price nor exceeding a certain price. As if stuck within a certain range.

Invest or trade within the range it is trending now and be safe , it may be very dangerous to buy and hold for longer time with the current trend of the coin.

 

[sagefave]

because of the drop in bitcoin price, a lot of get rich quick investors who bought bitcoin during the price surge at $36k to $40k are already complaining bitterly as they didn't sign up for a price drop they all wanted to cash out big.

 

[SCAMEXPOSER]

because of the drop in bitcoin price, a lot of get rich quick investors who bought bitcoin during the price surge at $36k to $40k are already complaining bitterly as they didn't sign up for a price drop they all wanted to cash out big.

They should be patient because the price might be back for a bull run any moment from now. Next time they should get updates before Investing.

 

[GoldenLady]

Bitcoin seems to be enjoying a run within the last few hours. If it can maintain it for the next two to three days, it possible to see another $40k run.

 

[sagefave]

It is easy to want something to happen, but the reality is that bitcoin might actually see another drop in price before it embarks on another bull run. I am hoping it drops back down to $5k to give another opportunity for me to accumulate some bitcoin.

 

[Wisdom01]

Yeah i think its possible for such thing to still happen as bitcoin as already regaining back its value and that is showing a good sign , and i think the huge fall taught many a lesson

 

[SCAMEXPOSER]

I hope the value will continue to rise now that it has had a major drop and it has fast regained it strength fully back as expected by the enthusiasts