$1000 seems too low for the Bitcoin price to drop. If we compare to the crash in 2013, the price dropped from about $1200 to around $200 over the course of a year or so. If we get the same percentage drop this time, that would put Bitcoin to around $3300 just using rough numbers. That seems unlikely also, but you never know. I think the difference this time is that there are a lot more investors in the market.