Ivan on Tech explains why $40K is the most likely bottom, but also why focusing only on that number can be a mistake.
Key Highlights:
- The $40K target comes from Fibonacci levels, which have historically marked Bitcoin bottoms around the 0.7 level, now sitting near $38K–$40K.
- It’s based on past cycles, not opinion, although price can go slightly below it.
- He rejects the idea that a smaller bull market means a smaller crash, saying price data matters more than narratives.
- A key mistake is the “target trap”, waiting for one exact number and missing the market turning earlier.
- Instead, he suggests accumulating in a buy zone, not trying to perfectly time the bottom.
- The real signal to go aggressive is when Bitcoin returns to a confirmed bull trend, not when it hits a specific price.
Final takeaway
$40K is the most likely bottom, but not guaranteed.
The smarter approach is to buy gradually and react to trend changes, not wait for a perfect price that may never come.