{"id":10967,"date":"2026-04-08T04:11:12","date_gmt":"2026-04-08T04:11:12","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/can-an-altcoin-season-come-again-why-bitcoin-price-cant-fall-below-40000\/"},"modified":"2026-04-08T04:11:12","modified_gmt":"2026-04-08T04:11:12","slug":"can-an-altcoin-season-come-again-why-bitcoin-price-cant-fall-below-40000","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/can-an-altcoin-season-come-again-why-bitcoin-price-cant-fall-below-40000\/","title":{"rendered":"Can An Altcoin Season Come Again? Why Bitcoin Price Can\u2019t Fall Below $40,000"},"content":{"rendered":"<p>Bitcoin has been holding above $65,000 for over a month now, and this price level is starting to carry more weight than it seems on the surface. The current structure is no longer just about short-term volatility, but a question about whether <a href=\"https:\/\/x.com\/WyckArchitect\/status\/2040457030884856111?s=20\" target=\"_blank\" rel=\"noopener nofollow\">the market is building a base<\/a> or setting up for one more lower move to as low as $40,000 before any real rally begins.<\/p>\n<p>Another question now is not just where Bitcoin goes next, but how its next move shapes the <a href=\"https:\/\/bitcoinist.com\/next-altcoin-season-explosive\/\" target=\"_blank\" rel=\"noopener nofollow\">timeline for an altcoin season.<\/a><\/p>\n<h2>Analyst Warns Of Bear Case That Could Delay Altcoin Season<\/h2>\n<p>A<a href=\"https:\/\/x.com\/WyckArchitect\/status\/2040457030884856111?s=20\" target=\"_blank\" rel=\"noopener nofollow\"> recent technical analysis from <\/a>a chartist highlights a less favorable path for Bitcoin, one that could push the price action into another extended leg down.<\/p>\n<p>The analyst describes this setup as a bear case scenario, noting that it is not the expected outcome but still a realistic possibility. In this structure, Bitcoin\u2019s price action first moves higher into a resistance zone around the $78,000 to $82,000 region, where a previous breakdown occurred in late January.\u00a0<\/p>\n<p>That optimism, however, could be short-lived. The projection shows price failing at that resistance and reversing sharply, leading to a deeper decline that sweeps previous lows and pushes the Bitcoin price below $40,000. According to the analyst, such a move would delay the formation of a macro bottom and push any meaningful altcoin season further out.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-large wp-image-890810\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/04\/Bitcoin-chart-from-The-Wyckoff-Architect.png?w=512&#038;resize=512%2C300\" alt=\"Bitcoin\" width=\"512\" height=\"300\" \/><\/p>\n<p>There&#8217;s also a liquidity zone around a wick low in February. That wick is situated just above $60,000, where the Bitcoin price bottomed on February 6 before being quickly bought back up.<\/p>\n<p>The outlook is that this level still needs to be taken out cleanly before a sustained rally can begin. Without that sweep, upside moves will still be vulnerable to failure.\u00a0<\/p>\n<p>A quick bottom from current levels would allow capital to rotate sooner into altcoins. A delayed sweep to levels, on the other hand, will keep liquidity tied up in Bitcoin for longer and postpone that rotation.<\/p>\n<h2>A Drop Below $40,000 Looks Unlikely<\/h2>\n<p>Even with that bearish scenario on the table, the price structure of Bitcoin is still against a sustained breakdown below $40,000. According to the analyst, there is only about a 40% probability that this scenario plays out.<\/p>\n<p>On-chain data is showing strong support layers well above the $40,000 price level. For instance, Bitcoin\u2019s realized price is still around $54,000, and this would act as a support even if Bitcoin were to fall below $60,000 and into the $50,000 range.<\/p>\n<p>Speaking of support, the Bitcoin price prices rising, and multiple predictions of a further bottom below $60,000 and even some below $50,000 over the past two months.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"size-large\" src=\"https:\/\/www.tradingview.com\/x\/nkcdu8FU\/\" alt=\"Altcoin\" width=\"2108\" height=\"1636\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin has been holding above $65,000 for over a month now, and this price level is starting to carry more weight than it seems on the surface. The current structure is no longer just about short-term volatility, but a question about whether the market is building a base or setting up for one more lower&hellip;<\/p>\n","protected":false},"author":1,"featured_media":10968,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[60],"tags":[220,1009,65,111,108,73,112,113,70,71],"class_list":["post-10967","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-altcoin","tag-altcoin-season","tag-bitcoin","tag-bitcoin-news","tag-bitcoin-price","tag-btc","tag-btc-news","tag-btc-price","tag-btcusd","tag-btcusdt"],"_links":{"self":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/10967","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/comments?post=10967"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/10967\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/10968"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=10967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=10967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=10967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}