Surely,it will drop to around $800.But,it would be temporary.Very soon,bitcoin would recover.Its a good opportunity to buy more bitcoins for those who thought they were late to bitcoins.Big whales wont miss this opportunity.They would just spread such messages to create panic.Bitcoiners who were from the beginning will not take these seriously.
i do not think that bitcoin price will be drop to $800 because you can check the price of bitcoin ,bitcoin price is really going to higher value again and i think bitcoin rise its to $1250 in 2 or 3 weeks so do not sell bitcoin more save it.
$800 price seems to be unrealistic now and I don't see it going that low as price has started to move up againa and I think it will cross $1200 level in next few weeks so I think if you are selling your bitcoins now then it won't be a profitable decision to make you can expect higher profits in future if you hold them for a some more time.