I just want to know how much faith do you guys have in bitcoin...
If bitcoin drops bellow $1000, do you think it will still recover someday?
yes, of course it will recover because IMO bitcoin is designed so that its price fluctuates. maybe some people would panic if the price fell again below the $ 10,000 figure but I would not panic, why? yes, as I said before its "in fluctuating design" so what should be in the panic. if true will fall in my opinion will not be long, bitcoin will soon improve its performance again and will keep pumping.
Every market obviously fluctuates, but there is a stage a market gets too that we should not even expect some values. I may be wrong, but bitcoin really has gotten past the stage where we should be expecting $1000 as value. If it is to answer the OP's question, nothing will happen. we had still be here and we will still have those who will end up making use of bitcoin for what they totally believe in and that is what would make bitcoin always thrive.