Post
Topic
Board Bitcoin Discussion
Re: Will the price of BTC ever hit $40k again?
by
Mpamaegbu
on 16/08/2022, 18:38:15 UTC
I observed several changes in the price  within a few months. With these changes, I wish to ask do you think the price of Bitcoin will ever hit $40k again?
I'm just being curious as a new trader.
If you met the circle before this last one you wouldn't be scared as to asking this question. When Bitcoin hit its low of $3k+ after it did $19k+ in 2017, many thought that was going to be its end. Like a phoenix it is, it showed up again and did over $64k in 2021. At its current price of less than $24k, those coming newly into this game will think it won't spring back and above $64k. I'm banking on Bitcoin to do more than a triple on its last ATH of $64k. My confidence is that high on this because I've seen such rebound replicated twice since I joined this industry. OP, asking if Bitcoin would get to $40k is belittling what it can do.