It's crashing real hard. Dropped 40% in a week! Maybe another 40% drop in this weekend! It's seems like it is falling down the hill. What do you think?
if the price drops to $ 1k is unlikely to be possible and the possibility is impossible because bitcoin has a very limited supply and has a very high demand, not only that now the mining is also very difficult to get bitcoin because every level of difficulty is always on upgrade.