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Author Topic: Bitcoin Surpasses $40,000: Factors Behind the BTC Price Surge  (Read 2629 times)

Offline Gormicsta

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Re: Bitcoin Surpasses $40,000: Factors Behind the BTC Price Surge
« Reply #30 on: January 08, 2024, 06:20:55 PM »

40,000 USD is quite an expensive value at the moment, but many media or experts in Bitcoin trading predict the price could exceed 125,000 USD. If it is true, up to 125,000 will be the latest All Time High and will be recorded in history.

If you look at the previous ATH of Bitcoin at $ 68,000 after the 2020 Bitcoin halving. I think  $ 125,000 is a number that can still be achieved.  It is possible that ATH will occur in 2025. This year we should do research and purchase to add to our coin collection to hold for next year 2025. Anything can happen to crypto.  Prepare free money if you want to hold until ATH, because it takes a long time.  Every investment requires patience..
Although I do admire your optimism, I would like to warn you against presuming that past performance indicates what will happen in the future. Because cryptocurrencies are so erratic, it's not a given that Bitcoin will rise to its prior record high. I'm happy that you're expanding your portfolio and conducting research.

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Re: Bitcoin Surpasses $40,000: Factors Behind the BTC Price Surge
« Reply #30 on: January 08, 2024, 06:20:55 PM »

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Online ajiz138

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Re: Bitcoin Surpasses $40,000: Factors Behind the BTC Price Surge
« Reply #31 on: January 08, 2024, 09:16:57 PM »

40,000 USD is quite an expensive value at the moment, but many media or experts in Bitcoin trading predict the price could exceed 125,000 USD. If it is true, up to 125,000 will be the latest All Time High and will be recorded in history.

If you look at the previous ATH of Bitcoin at $ 68,000 after the 2020 Bitcoin halving. I think  $ 125,000 is a number that can still be achieved.  It is possible that ATH will occur in 2025. This year we should do research and purchase to add to our coin collection to hold for next year 2025. Anything can happen to crypto.  Prepare free money if you want to hold until ATH, because it takes a long time.  Every investment requires patience..
Your prediction is almost the same as mine because this estimate is the right time where Bitcoin can ATH again, provided that I look at the previous cycle time then this will probably happen the same, keep in mind this is my own speculation.

Now the price of bitcoin has been pumped, as a result of the CNBC news which announced that it is possible that an ETF will be approved in the next two days, that is the price spike now has a positive impact, but you don't need to hesitate because this is expensive it's clear because it goes up, think again if bitcoin is above $100K so at the current price of $47K it is still low, just buy and HODL, you need to practice patience to appear stronger in facing any news.

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Re: Bitcoin Surpasses $40,000: Factors Behind the BTC Price Surge
« Reply #32 on: January 08, 2024, 10:09:24 PM »
It's only been a month since this topic was opened, but Bitcoin is now close to $50,000. I think commodities can still be very cheap compared to gold and stocks. I expect a crash in the market after the halving but I believe these are sunny days for us. ETF and halving expectations will push the price even higher and altcoins will get their share of this positive mood. I think everything is just beginning and we are at the beginning of a fun period. I expect new aths in Bitcoin and Ethereum.
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Offline Ryu_Ar1

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Re: Bitcoin Surpasses $40,000: Factors Behind the BTC Price Surge
« Reply #33 on: January 08, 2024, 10:26:02 PM »

40,000 USD is quite an expensive value at the moment, but many media or experts in Bitcoin trading predict the price could exceed 125,000 USD. If it is true, up to 125,000 will be the latest All Time High and will be recorded in history.

If you look at the previous ATH of Bitcoin at $ 68,000 after the 2020 Bitcoin halving. I think  $ 125,000 is a number that can still be achieved.  It is possible that ATH will occur in 2025. This year we should do research and purchase to add to our coin collection to hold for next year 2025. Anything can happen to crypto.  Prepare free money if you want to hold until ATH, because it takes a long time.  Every investment requires patience..
Things like this are still possible to happen and indeed seeing the movement of bitcoin and seeing an increase in the adoption of bitcoin which is getting stronger, it could even be that the price is exceeded, it's just that what needs to be considered for now is that we still only have to wait and be patient for the new ATH price to exist.
The movement of ETFs now is actually a little bit confusing especially for those who are new to the bitcoin space because they are still seeing how influencers speak but if in the end we already realize that this is progress for the long term I don't think we need to worry too much about it.

 

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