I don't think bitcoin price will go below $40k that's too low although we can't tell for sure but $40k is almost impossible, dropping to $60k-50k is possible and going above $100k is also possible before the end of this year. I know that there have been several speculation about the price of bitcoin but nobody saw the august increase in price of bitcoin coming, the increase came as a surprise to people. This is to say that we shouldn't be worried about the price of bitcoin for those investing in bitcoin for a longer time just continue to accumulate bitcoin and watch the price increase in the future.
Everything is possible even currently sentiments are positive and bitcoin is doing good for long run but still no one can argue about this Bitcoin can touch any figure because no guaranteed about its price its going to be stay on any level even I am also sure about its not going to be have enough decline in lone run but perfect prediction about Bitcoin price from anyone is not possible. Start of September give good boost and its keep momentum till now just few days and also with this chances are high market will be touch $90K in near future because mostly are predicting its going to be have six figures end in 2026 if its happen then peoples will be watch good start of 2027 and its going to be have higher chances of new price record in first quarter of new year.