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.
Bitcoin will hit 40k again . it is possible and i think it is possible within some months . bitcoin price again pumping slowly and btc already reach 24k again . and i think the correction is end now time to pump whole market including bitcoin .
I am always optimistic when it comes to bitcoin, and so with its high prices attainable too. And $40k is not that too high for bitcoin not to reach. We can wait for a couple of months and bitcoin will certainly reach that price, provided that the market won't experience serious negative news that will make the market looks very dump. However, if the market still looks like a roller coaster, expect too that bitcoin will always experience price drops after every price increase, as fluctuations will always be inevitable.
Bitcoin is now stable at 24k. And the chart looks like Bitcoin will make a big pump ahead. If no negative news can be seen. My long belief is that unless something unusual happens with Bitcoin, Bitcoin will hit 40K within the next 6 months. I look forward to that. Because I buy and hold 1 bitcoin at the price of 20k