It could even drop to 3k and be in a up trend. Without Wall Street and the banks this is only going down. They will sit and watch it fall until it finds support in the community then they will buy.
I do feel like selling everything and waiting for it to find level but its all risk....lol
Bitcoin was $780 last jan and rose to 20k, thats 25x. 25x even 3000 is $75000. Would be so good if you could see even a few days into the future...lol
It could go down to 600-300 and still be in an uptrend. Realistically more like 4 to 2k in a very bearish case