Your question should be in the Bitcoin discussion section not here in the Economy section. However, anything can happen with Bitcoin either going up or down, not just what you believed you were told. That can still happen, just in our current situation, the truth is a bit unclear if you look at the graph chart of Bitcoin in the market.
It can still be here because this topic content that the OP wrote leads to speculation.
You can read that he wants our thoughts on whether we think the price will tend to go up to $40k when someone says the price will drop again at that time.
While the price is still below $30k, investors are getting no signs that the Bitcoin price chart could reach $30k some time ago.
This signifies that anything can happen with Bitcoin because Bitcoin is very special with the surprises that occur.
Smart investors have a strong level of patience in holding.