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.
That's not actually the question coz it would definitely come.
The question should be "when?".
As you've notice like the rest of us noticed, Btc and most of the alts in crypto market today are struggling coming from a huge dip. It doesn't even look like it's recovering. Though it has bounce back a bit from the bottom, but this year are most likely Btc remains bearish.
So, you might want to stretch your patience a little further and try to hold it till the price hits your target.
To presume out on the same situation or condition that we've seen in the past or lets say from 2018-2020 which it did really turn out to be a very long bearish market where it did make out significant movement after
the halving event which prices starts to move out on huge spikes which we might be seeing on next possible halving event situation but it wont be an assured thing since there's no such thing about patterns and
similar conditions and considerations which might people been thinking off.Its your call whether you would really be basing your investment acts according to these events or conditions or would
just simply make out actions according to your own preference and analysis.