-snip-
Why do you say that is the target? I would like to know a clearer reason for this because the target of many people now is to see a new ATH in Bitcoin after the halving and now the price support above $40K is a very good thing for this year and is very desired by many people. But if you still want to buy Bitcoin below $40K, don't say that is the next target for Bitcoin because the potential price increase will be more visible after a price correction in a trend like now.
Price corrections are normal, but it's good that bitcoin price failed to test its bottom support again today. Bitcoin price has moved against resistance where $42k has been broken currently. I think people make decisions too easily during a correction, so now the correction target has failed.