can the price go down to 40k?
Of course, nothing is easier than that - you need, say, a few thousand BTC to start a coordinated dump on 3-4 largest crypto exchanges, and an excellent PR manager who will at the same time spread the false story about how Tesla, MicroStrategy and some other companies sell their coins. Of course you can always find magic fairies to do it for you completely free of charge, if they are not busy with some important work
1. Powell commented cryptocurrencies as "a speculative asset" which leaded to an adjustment in Bitcoin price but a rising trend in Gold
For those who don't know who Powel (Fed Chairman) is, it would be good to post a link when you already claim that he is the reason why the price of BTC today is only $55 000, and not $57 000 as was the case yesterday. Is this something new we haven't heard before?
https://www.cnbc.com/2021/03/22/cryptocurrencies-are-not-useful-stores-of-value-says-feds-powell.html
2. US President is considering spending $3 trillion on infrastructure in the States which draws investment capitals into the US stock market
That is probably good news, another 3 trillion with all those trillions of helicopter money that have already been distributed in the past year. The US dollar should really strengthen after all these interventions
