Welcome to 40K

Welcome ,

We waited a long time in a period when everyone despaired of going up and reached a great degree of frustration, as the cryptocurrencies were in the wind between the levels of 30 thousand and the sudden drop to 20 thousand and in fact I was afraid of going back and returning to the levels of last year, but ...

Of course, a small news spread about Amazon, which I do not say is 100% news, but it was a rumor that may not have been confirmed or, as I read in some groups, that rumor was later denied.

Bitcoin broke out last Friday from the 32k level, then on Sunday it reached the 34k level, and on Monday the big surprise was when it crossed the 40k level successfully, but this did not last long. The Bitcoin returned to a small correction that lasted a few days, and now it is at $40,100.

It is very wonderful to see a rise of close to 25% in about one week, this gives us a sense of the importance of cryptocurrencies in quick profit. Exist, the big loss is also present.

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What do we hope?

In fact, to be more realistic, I do not hope that Bitcoin will launch to the level of 50 thousand dollars or so, but we must be more realistic, all we need now is some stability above the 40 thousand dollars level without any setback again.

In the past, we had hoped that the bitcoin would continue and stabilize after the rise until the Altcoins rose as well, but it seems that things are going well for the bitcoin and the market, as the Altcoins did not wait and went quickly with the same percentage almost immediately after the rise of the bitcoin.

In fact, we find in the weekly term that there are many cryptocurrencies that have exceeded the percentage by several times, such as Terra, OKB and QNT.

I am writing this post with Bitcoin on the line between it and a return back to the 30k levels around $100, so I hope it will hold more.


And you, what do you think ?

Thank You

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