Looks like what happened in 2018 is happening again this year, if it's the same scenario then we can expect a long bear run for the market. Bitcoin dropping below $30k creates panic, altcoins are dumping as well so what can we expect that bitcoin has already fallen below $30k now?
Will we see the same scenario in 2018 or it will be different this time?
Bitcoin is now different from year 2018, the price is amazing it reach 60k$ and I don't believe that it will fall down below 20k$ in fact it is now start rising after it downfall up to 29k$ last week. I believe that bitcoin will rise soon and reach another ath.
I guess for now OP got his answer. With this push towards $40k, I would say it is almost impossible that we will see a Bitcoin price below $20k anytime soon. It is 100% impossible, but seriously it is highly unlikely. That would mean a drop around 50% from where we are now and I think the resistance will be way too strong for Bitcoin to go below that level.