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.
because you are a new trader, so I welcome you to a very volatile market. from the history of bitcoin price changes in the last few years, bitcoin has great potential to return to $40k or even go down to $20k. if you are a short-term trader then try to never sell at a loss, prices change very quickly, pay attention to your decisions, don't be rash.
I believe that he is not a new trader because this seems to be not a total buyer instead he is just for Speculations and that is not a proper way to ask , desperately checking about 40k when he does not even mentioned of holding some?
$40,000 USD is nothing and it will once again hit that number anytime soon. Remember, the $40,000 USD isn't even the all time high. Look at the charts. The price always reaches a new all time high and then after few months or years, the new all time high gets beaten and another ATH takes place.
Since you are a new trader, I would suggest you to learn the market first and know about the volatility of the market. Bitcoin can be $40,000 today and it can be $20,000 tomorrow!
maybe what he is asking if this can be reached sooner , and that is why he is eager to hear answer that is impossible to assume correctly .
Price will increase or decrease depend on how we contribute for the adoption .