I think this will go down as low as 5000$ that will clear out the taxi drivers and people who are purely "investors" after that we will se new highs being formed by the actual users of the bitcoins
On what basis your point is? I don't think the price would be low that much or near the 10K level. Right now bitcoin have crashed in the market because of the current event in south korea where big exchange companies were raided because of their irregularities.