$40,000 really is the strong support right now and just a few hours ago, we've seen the market turned red again and Bitcoin?? Yes it went below $40,000 and now currently sitting at around $39,000.
With this move, there is a high chance that we might see a bear market but lets wait for further confirmation because there is a chance that this might be a false breakout like what happened last time when Bitcoin went below $40,000.

Well, it seems like you're opinions are now voided because it happened. Bitcoin went down to $40,000 already and I think many are expecting it to happen as well though I expected that it will bounce back and go higher in the next days (optimistic mind). Lets just wait a few days before we will see what will happen to Bitcoin. If it stays below $40,000 for a few days then it is the start of the bear market.