Bitcoin has been holding on at $30k for the past few weeks, and indeed the opportunity to reach $40k is still very open and can be achieved,
it's just that if bad news comes of course we have to prepare another strategy, because if bitcoin dumps below $30k again then $40k will hard to achieve.
And today Bitcoin has returned to below $30K again, but I still believe that Bitcoin can still increase to pass the resistance level that has not been broken so far, making Bitcoin more stable in the $30K range. The price of $40K is indeed a very reasonable price to speculate on now even though it doesn't look easy for Bitcoin, but I still really believe that Bitcoin is able to increase to that level because the previous ATH achievement also exceeded the price of $40K.