Post
Topic
Board Speculation
Re: Bitcoin $40000 resistance
by
TravelMug
on 12/03/2022, 05:44:00 UTC
Please, give accurate information as you are think it can be, we all still know that bitcoin price will rise and reach ATH again.
I also think as has happened and as many people know how the ATH process occurs, I think once every four years it will happen like it did in 2017 and 2021, I have strong thoughts that the next ATH will happen around 2024 or 2025.

There is something to remember and I think logically, if ATH 2021 remains the price of Bitcoin at the $30-40k level, I have very strong belief that the next ATH Bitcoin can occupy the $100k level, it could be more.

Possible that the next bull run, we might see the price hitting 6 digits because that's what we wanted to see last year in December. But it wasn't meant to be, after hitting ATH in November we witnessed a downturn, but it you look at previous ATH's it is followed by a bear market and this is it right now. Nevertheless, above $40k price is still very good entry point for the majority and wait till the next bull run in 2024 to make a lot of profits if the price hits $100k or more.