Now the price of BTC is around 3871 USD per coin, considering that the price already hit the benchmark of 5000USD this year, this might be actually a good entry point.
Its getting more down the price now is 3500$ per bitcoin. Waiting for 1000$ i think it will drop more.
And i think this year month of December bitcoin goes up again the will go up 5000- 7000$.
I don't think it:s going to hit that low though. There will be support and people who are thinking of the same thing, that this will be a good entry point, would buy more btcs making the recovery imminent soon. Probably by the weekend we'll btc bounce back.
Actually the price of Bitcoin already down at 3k2$. Too many bad news happen for Bitcoin is this week but Bitcoin is future and this is present. So soon or later Bitcoin will bounce back to 5k$ not for long. Knowing the moment is the winner.