It is very possible it could go down well below $1000. I don't know if many people are continuing to buy at this time with the price looking very uncertain. I don't think many new people will be drawn in until the price drops quite a lot more. And how much manipulation is going on behind the scenes most people will never know.
It will likely be a good buying opportunity
And most likely a short-lived one at that as, for example, in early 2017 (in January, to be exact) when Bitcoin had crashed from 1300 down to 750 within just a few days and then rebounded strongly and as quickly. After that it went below 1000 only once. In February it dipped a little below 950 and again only for a day or two. By September of that year we were well above 2000. The rest is history. Flash crashes are still possible, but they are called flash for a reason