I think bitcoin's value would not down that low anymore, when bitcoin price's drop, it only tends to drop around 1-2k dollars based on previous trends. Also, I think that since the time bitcoin reached its record price during the surge, many people have gained much interest over it that allowed bitcoin to continue its surge for more than two months. I think that would lead to more and more transactions that would help bitcoin catch fire again maybe after 2-3 months and have another increase in price point. Hopefully, it continues, but I also hope that altcoins would be able to go up with bitcoin rather than what happened last time where many altcoins went further down.