1. A lot of rich people bought probably at 40.000 and 30.000. So many of them will very likely do lobbying and marketing to keep the price up.
2. News and future events should be already priced in, except a black swan.
3. Way more people seems to be very bearish, now. Even a lot of big influencers. Some of them are calling 20.000 $ - 16.000 $.
In most cases the opposite happens from what the masses think. So it`s likely that Bitcoin stays above 40.000 $ and is moving up, soon
Why do you think Bitcoin will probably not going lower than 40.000?
As of this time of writing, looks like you’re wrong about BTC not going below $40k. Right now it stands at between $34k to $35k range and I believe it will go down even further maybe support range of $25k to $30k.
Below $30k is coming also which I think reachable since I think the real bear market crash is now starting up knowing that people now are in doubt and doesn't believe that we can go back to bullish season at this month so maybe for now lets prepare for things to come and take appropriate action towards investing decision on bitcoin current condition.