it's imposibble that bitcoin will back to $500,that maybe happen because satoshi nakamoto sold all bitcoin and turn scam, LOL
That's not even funny. Even though satoshi have sold all of btc he has, it won't make price falling to $1000 or lower than that. This thread was created by someone who only throw his rough speculation so i don't think people should be believe with this.
Agree, bitcoin's price will not go down below $1000, even below $3000. If that happens, people will be racing to buy bitcoin for the super discounted price. Bitcoin hitting that support level(or super below support level) might be the start of the bitcoin to go mega bullish.