Of a truth as a trader i have never think of bitcoin fall to this value we are now as at November and December 2017 but bitcoin is currently below $8,000. I foreseeing that what has been started is truth and in reality bitcoin should not be expected to be below $10,000 by next year and above. I expect bitcoin should be above $50,000 by 2019 and this year 2018 it should be above $20,000 before December.
Your speculation concern the current market to be like last November/December is correct but for bitcoin to go above 50,000 is not possible and if such thing happen that will make bitcoin a bubble. However, there's no market pumping force which will push the bitcoin market to the price range you mention.