$3,000 level might not be reasonable, but definitely possible. If Bitcoin block halving happens to be not happening this year, the price could've been worse than what we are seeing today.
i disagree. mainly because halving effects that you are talking about are only hype-based and that only lasts a very short time. which is mostly 1 or 2 months before the halving not all year long. but also because we have already had a nearly 50% drop, it doesn't get any worse than that! if the halving hype was in effect the price should have fallen about 20% tops. any more drop than this is extremely hard and requires a lot of manipulation.