It won't go below $1k, I don't think there is any kind of bubble that extends down that low unless everyone is REALLY pulling out of Bitcoin and are intending to let it die. That's something a majority of people within the community right now don't want to see happen, and I would rather not have the market go under $1k either. Keeping it relatively high is a much better scenario to be in, in my opinion.

There'll be a stop to the crash and there will be a support level found. Just have to wait and find out when it'll stop.