The crypto industry is standing on Bitcoin. I don't think so that Bitcoin will come to $1000 but if that mega collapse occurs, then I will buy much Bitcoin because Bitcoin never loses. If it loses then it will be a new scenario for whole industry and no speculation is available so far for that emergency.
Well, I'll do the opposite, I won't because it was an indication that Bitcoin had its ending journey. I considered it bad news, really. Presumably, Bitcoin won't fall that bad if investors are there to help it and people still appreciate it. Might be wrong to think about it will die but that was the thing. We can't really see Bitcoin drop and reach $1000 as long as it was still valuable and useful but assuming the scenario, it simply thinks about selling for this might be the last day of Bitcoin.