I agree with you on the fact that if bitcoin ever dipped to $4.5k it'll be a very good buying opportunity for sure. So without a doubt, when the price is under $5k it should be clear for anyone to start putting money into bitcoin again.

By the looks of it, it could happen. But It won't happen within the month of February.

I'll still look to unload, if you are a short term investor, at a price between $10-12k. There should be a nice recovery after all the recent days' worth of dumps. It won't go to $5k or less directly.

So for now, for anyone looking to sell in the short term, I would be holding until the price is at least 5 figures again, then by back when price is $7k or lower.