How low would Bitcoin have to fall before it was no longer recoverable?
Price, in my opinion, would not dictate this. It would have to be something that would destroy the foundation and system on which it is built.
what you say?
Although I don't know how the future of bitcoin will pan out and the price of bitcoin is unpredictable, with what you said now, I don't think bitcoin will drop to this extent. You said 1 dollar is a pretty crash in my opinion. And again, you can see that the adoption of bitcoin is gradually increasing. For this reason, I believe the price of bitcoin will not go where you think it will.
However, if we even say that the bitcoin price should move down to 1 dollar, I can say that this will happen when people stop using bitcoin again. But now, seriously, I'm still expecting the bitcoin price to go higher than it is now because people are still increasing in the market and they are putting their money into the industry, so you can see that it will not go low to this extent.