Post
Topic
Board Speculation
Re: Bitcoin price is returning to $40K — But will shorts have their revenge?
by
cryptomaniac_xxx
on 05/08/2021, 11:39:41 UTC
Bitcoin already reach $40K again and I hope that when it comes up to that area again it would stay for good.
We are now at $38K I hope that it would soon climb higher and stay above $40K mark.
We are already couple of months away before this year ends and I hope that the price wouldn't be below $40K when this year ends.

It's going to be a hard grind and wild ride for this month. Although it went down again to $38k suddenly in the last 4 hours, but I think we are still good and on track to bounce back again maybe in the next 2 weeks of August. That is just the pattern here, we will go up and then some corrections, and eventually back bounce, even higher than the previous one. Don't you worry, the fundamentals of bitcoin is still strong so I doubt that we will remain in the $40k'ish at the end of the year.