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$.
It can happen, we only hope bakkt and SEC, but the two agencies have not given any explanation until now. When one of them decides not to adopt bitcoin or postpones again maybe the prediction you made will come about.
When you make a prediction of price reduction, you are also required to make predictions of price increases. Can you imagine when both agencies accept bitcoin then how many numbers will you give to your prediction? 20k or 50k? I am sure it will really happen.