40,000 USD is quite an expensive value at the moment, but many media or experts in Bitcoin trading predict the price could exceed 125,000 USD. If it is true, up to 125,000 will be the latest All Time High and will be recorded in history.
If you look at the previous ATH of Bitcoin at $ 68,000 after the 2020 Bitcoin halving. I think $ 125,000 is a number that can still be achieved. It is possible that ATH will occur in 2025. This year we should do research and purchase to add to our coin collection to hold for next year 2025. Anything can happen to crypto. Prepare free money if you want to hold until ATH, because it takes a long time. Every investment requires patience..
Your prediction is almost the same as mine because this estimate is the right time where Bitcoin can ATH again, provided that I look at the previous cycle time then this will probably happen the same, keep in mind this is my own speculation.
Now the price of bitcoin has been pumped, as a result of the CNBC news which announced that it is possible that an ETF will be approved in the next two days, that is the price spike now has a positive impact, but you don't need to hesitate because this is expensive it's clear because it goes up, think again if bitcoin is above $100K so at the current price of $47K it is still low, just buy and HODL, you need to practice patience to appear stronger in facing any news.