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, there will be a panic sell from them.
But the big investor will be happy to buy bitcoin at that price because the price is lower and they might not see that in the next year.
But after the price reaches the lowest price, sooner or later, the price will bounce and start the rally.
Probably that's how it goes for all those newbies and those who never realize that this bear market brings a good opportunity to invest. Well, if there is a huge price fall back, then i would be spending a big amount to buy a lot of bitcoin to satisfy myself with the profits it will offer to me in the near future. I'm not going to panic as i have come to realize that if you chose to be a long-term hodler, free yourself from doubts and never be bothered by the crypto prices ups and downs. That makes me live in peace.That may happen to them, especially for small and medium investors who already bought bitcoin at a high price and in the market, there will be a panic sell from them.
But the big investor will be happy to buy bitcoin at that price because the price is lower and they might not see that in the next year.
But after the price reaches the lowest price, sooner or later, the price will bounce and start the rally.