Bitcoin taking correction to as low as 40-30K range looks practically impossible, not that one can predict the market but with everything putting into consideration, you know that is a price that bitcoin is not going to test now again until after the bull run has taken place and the market is going back to its bearish seasons.

Before this massive hike in price, remember that bitcoin all time high was about 60K+ after the last bitcoin cycle and during its bearish period, it went down to at most 20K+ which signifies how bitcoin can also lost its value over time before regaining it back. So we’ll be expecting another bearish cycle but I do no think it will go less as the amount it was during the last bearish cycle after the 2020 halving and subsequent bull run in 2021.