A big panic from people 
That may happen to them, especially for small and medium investors who already bought bitcoin at a high price and in the market
That may happen to them, especially for small and medium investors who already bought bitcoin at a high price and in the market
let's be real and practical here bitcoin price can never and will never go down as low as that, we are talking about $8k where on earth? consider the last limit it could go dip to be the rate it pick up from the last Halving, the lowest it could go is within the range of $20k and after which it likely to break the all time record of $68k and once this is achieved, is it also believed that whenever there's a dip run it cannot go below the $68k of ATH after the 2020 Halving, bitcoin has a strong resistant to withstand any volatile changes in its price as you cannot make comparison with other cryptocurrencies.
But the big investor will be happy to buy bitcoin at that price because the price is lower
it is believed that whenever there's a bearish move on bitcoin price speculation, investors makes a quick move to secure a position for an investment most likely on a long term, yes this is the possibilities everyone could best look in for when it happens this way, buying low and selling high to make profit but over a long period.