It would be really difficult to reach there but at this point I wouldn't be shocked with any price. We didn't believe bitcoin would drop anything below 5.8 thousand dollars neither but here we are at 3 thousand dollars or so and people are afraid of another drop in the price, hence I doubt it would be a shock to anyone if the price went down under 2 thousand dollars.

I don't think it will drop there, I believe it will go above these prices eventually but just because I think price will go higher doesn't mean it won't go lower first. If it goes lower than there is really nothing stopping it going under 2 thousand neither, no difference than going under 3 thousand which it looks so close. It all depends on a big huge sell off by someone who owns a lot of bitcoins.