Bitcoin dropping to $3,000 is like you are saying that bitcoin will never recover from the correction.
Are you sure bitcoin price will reach $ 3000, if I do not think that will happen. Because now bitcoin has started to develop in terms of price increases, followed with altcoin such as ETH and other altcoins.
When someone gives a bad prediction to bitcoin, he wants to buy at dip and wants to give the newbies fear.
It won't happen as we can see now but possibility will always be possibility.
That's what I'm thinking. When news of the bad news came up. Someone will buy a lot of btc at low price. Just a whale's trap. I think bitcoin can not go below 5000.