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.
A lot has changed in the market since the beginning of this year and the general mood is the same, now that Bitcoin has been able to make x2, such a fall seems impossible. And even more so, there are positive expectations from Blackrock's interest in Bitcoin, so the mood is more positive than negative. Some corrections, of course, will occur, but it is hard to believe in reaching a new bottom.