I think the price of bitcoin at the moment the price drops very much not as you mentioned, the highest price of bitcoin is up to $ 20k and now the price is falling so deep like this I think this is the most severe decline in bitcoin prices.
I think that price fall already dropped at $6000 range few months back but after that it keeps bump and dump at the range with different price swing range but certainly stick with that range only of about $6000- $7000,But still the price drop is normal in bitcoin and it happened many times since the creation of bitcoin so don't be afraid to hold your coins for long term.
But there still any possibilities to see the price will drops again in the future and if bitcoin price cannot increase higher, then the chance to see the price down will bigger. But since we don't know how much bitcoin will down, we can only prepare for the worst thing, so we don't have to panic when the price is down. In this time, we need to give support for bitcoin still so bitcoin can get up and reach the higher price again and the price will break more than $10k in the next month.