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$.
So this is how It work:When BTC 2.9K$ 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$.
unfortunately I must agree with you, the price fell a lot and we are in a very problematic zone, if drop below to $3000, then the panic will be installed and we will see lower prices... and it is unbelievable that one day we reached $20,000. this crypto world is a very risky investment
anything is possible. tbh it wouldnt surprise me if the price gets cut in half by the whales to lock in another slew of bag holders who have been accumulating in the $3k range, just like they did when everyone thought the bottom was $6k, people felt comfortable for quite a while then the bottom dropped out. imo though I want to think the bottom was $3k 
you're blaming the whales, I believe that this fall of price is due to lack of demand