If bitcoin drops to 10k, I believe many people will buy it because it is really a great opportunity. But if bitcoin goes to 1000$, I will be skeptical and consider it risk more than opportunity, but the risk is worth trying, I will buy some to try my luck, but I wont go all in.
The price of $1000 is scary. In fact, I didn't expect the price to drop that deeply. It makes no sense, it's possible that this happened when Bitcoin was abandoned. Trust in crypto may decline and many are selling assets. Price periods that never happen and are difficult to predict. Maybe in some periods the price decline is not as sharp as that price, besides that many Whales who will continue to move the market try to hold back from a deep price decline. If the price of $1000 maybe minning will lose, minning will close. Hopefully that doesn't happen and the prediction line will continue to be trusted and push the price to stay up.