Now that regular Joe was introduced to bitcoin over the last 8 months and there's quite a few more waiting to BTFD, I'm expecting up to have the lesser resistance over the coming months. If we are to drop into the lower 5k ranges, I suspect its going to be violent.
There is also a possibility that those 80% expecting further BTC price drops are going to get fucked out of their "cheap coins."
There were folks waiting in 2015 for cheap coins, and did not appreciate $200s as being cheap enough for them.
i was waiting to rebuy at $150 .. don't hate :\ meh