Why do you think Bitcoin will probably not going lower than 40.000?
personally I never thought of this , instead i expected that bitcoin will downfall to even 30k and asking why?
because i wanna buy cheaper again lol.
actually i feel sad because of the increase because i thought we are nearing 25k

but its fine because my holding is enough to make me rich if the price reached 100k in future .
This is a preparatory step for us to buy bitcoins in large quantities, some people expect it to happen in times of correction like this, then what about those who have bought at a higher price, if the price of bitcoin falls free at 30 thousand, this seems unlikely to happen again for bitcoin to be at a price like that, there are factors that affect bitcoin both down and up, but I think reaching the lowest price is not possible anymore.
Yeah, why not? every dip is really a perfect buy opportunity specially if you are here for the long term. The price is below $40k, and even went to $32k. And now with brief recovery, but still the price is so cheap that you can buy and fill up your wallets. Unfortunately though, I don't have the fiat right now, if I have, I will double up on my bitcoin at this dip. So for others, take this opportunity, just saying.
The recovery is good, it showed that somehow bitcoin is not going to dump below $30k. However, it has to fully recover as otherwise it will be hit by a bearish market again and another huge dump will happen, I'm afraid that time we will see bitcoin to drop below $30k which more panic will be created.
For now, we might not see the price going below $30k, but if you look at this month, good bounce follow by a drop again, so it seems to be a a dead cat bounce. We should be at around $40k at least for now if we hold the support $38k in the last couple of days.
But I guess it's weak support, so stay tune this month, we might be in for a surprised.
Maybe another $32k-$33k is what I'm seeing base on the current sentiments and trading volumes.