Nowadays, no one believes BTC will dramatically drop to below $20K in 2021. Everybody is crazy in bull market , but risks are building up.
I believe that it will eventually create a stability on $25k-$30k and there's still a possible drop as usual. We knew how bitcoin is for being volatile. But if that happens and would drop below $20k, it wouldn't go as low as $10k again.
If you look at the current price of bitcoin $32,760, it is especially unlikely that it suddenly drops very much to $20k. If that happens,
there will be many people panic sell, maybe. I think it's going to go down slowly if a correction happens. Maybe first he'll touch $30K.
If it gets down to $20k, I'll buy bitcoin at that price, maybe people will do the same
It might happen but the recovery will commence quickly.