The price of bitcoin can experience price drop at 40k and it will be under probabilities for the price to crash to the extent of going beyond 30k and 20k, if such happens many people will be disappointed at bitcoin investment and investors will not allow such thing to happen, because if bitcoin mistake fall drastically many people will say that bitcoin is a scam and that will damage the images of bitcoin, so from my understanding of bitcoin and it's values I don't think bitcoin the price will drop more than 50k, because since we experienced 70k in price and the price keep on fluctuating it never pass 50k below in price.
If we focus too much on the price of bitcoin we may end up not wanting to accumulate as much as we should, especially when the price has dipped and gives us an opportunity to buy more. The complexity in bitcoin has made it unpredictable to know what the later price of it will be, but the fact about it is that, it may take some time and experience a lot of volatilities, but in the end, it always finally goes in that ultimate upward direction which is what everyone that has invested in them wants to see, seeing their investment growing. Bitcoin investment may take time, in fact it is a long term investment that you have to be patient and the reward for it is always big when you inculcate that virtue in you after investing. The price volatility of bitcoin is not something that will go now, you have to make up your mind to adapt to it and when there’s an opportunity to buy more, you should do that and not think that it’ll never recover from the price it has dipped to.