Since lot of people are in Panic they will start to sell their BTC with loss , Market will be red more than ever before,
So this is how It work:When BTC 2.9K$ Panic will be started, Downtrend will be slowly started too. Price will be dropped to 2.5K$ - 2K$ than Next wave of Panic will be started and price will be fallen to 1K$ and it will stable at 800$.
The theory can be turned around - its based on assumptions. If it will drop to 2k someone else might just buy in instead of the extra panic selling you describe.
lol. you think so highly of OP

there is no "theory" here nor is there any assumptions. what he is doing is called "talking out of ones ass" and unfortunately it has turned into a very common thing in speculation board. people love throwing numbers at each other pretending they are "speculating". the word has lost its meaning in this forum for the most part.