It is scary but if you have been in the market in the last year you have experienced such things a lot , I think bitcoin would fall more because of the new miner that has a better mining hash with almost same price , I believe bitcoin is going to 4000 $ channel soon .
Bitcoin pricing is move forward and downward in every year so your thought is look like same. But If you have good knowledge in crypto skills you should never says it will reach 4k USD soon. Because market is little stable know so if you think it will move downward you should not aware in crypto technology. I hope all the investors are understand the Bitcoin potential soon.