There could be a chance that if this downtrend continues for the next 6 months, it will definitely one of the worst history for bitcoin and cryptocurrency where we could see bitcoin touching $2,000 price. We only have 2 weeks before the year ends but what we always see is a minor pump. I dont see a boat sinking since there are still positive big news coming everywhere about massive adoption and recognition for bitcoin. This was a plain price correction with price manipulation from BCH hardfork.