This is serious and I think $4950 is the next support level. The market capitalization of the cryptocurrencies has also fall to $168billion . It seems the market is taking the way it went up last year and it might been heading towards $3000. This time last year I didn't think I have a thought that bitcoin is going to fall to this level and I was even saying and analyzing that the lowest it will go is $10,000.
Aaaand support lines keep getting broken it seems. I thought a new week would see us recover from that sudden plunge but the trend hasn't changed. Hopefully you're wrong dude but current happenings point out to exactly what you said.
$20,000 is not possible this year again. We are praying for bitcoin to go above $7000 before end of the year. If bitcoin recovered next week then I believe that is going to get above $6,000.