I don't think it will go that low, hopefully won't go below $5000 but who knows. I'm in for the long term anyway.
BTC has a lot of support around 6K and I doubt it will go under 5K. I am optimistic and hope it will slowly rise to 7K level and from there we'll see how it will go.
although bitcoin has a lot of support, bitcoin can get down too and it depends on how people will react with the news because so far, the news makes people become panic and they do something with instant sell or buy. but personally, I doubt that the price can decrease until $4000 because right now, bitcoin still grows and people don't want to see bitcoin is down too deep. people want to see bitcoin price can rise again and reach the last time highest price in the last year or even more high.