Uncertainty is not something people buy.   People are brave when its a 'sure thing' which leads the market to flip to wild extremes.
A reset to 2000 or so very roughly is still bullish action from my perspective of a few years as weak hands and leverage pulls back.   Some sell some buy, overall its still healthy to shake up any presumptions because there is no sure thing.  Growth has to be genuine and if bitcoin manages to pull that off and overcome this latest speed bump of protocol change to uncap growth, it'll get five figures most likely