I don't think it is panic time yet because i think that it will reach 10k and then slowly go down in value but i don't think that bitcoin will go back to like 100 dollars i think it will stay around 5k and maybe even rise higher if bitcoin will become popular.
If we look at the current market price of bitcoin, then well get to know this thing that bitcoin is at its peak value and that its market price is not falling at all. Even if there comes a time when the, market price of bitcoin falls down, there is no point of getting panic. This will only result in huge amount of loss. So you actually need to cash those moments by buying more number of bitcoins.
Now prices have fallen down from the 7.6 k to 6.5k and there is no need to be panic because btc has ability to click back and as we all know that in past btc has boomed from 3k to 7.5k and this time will be gone soon and now is the buying time dont think to sell coin at this time this will surely give you loss hold your coins for some days and this time pump will take prices above 8k so buy at this moment to achieve more.