Bouncing up wont be a guarantee because after seeing 69k and dropped on $1k then it would really be showing off different story where it cant really be avoided that you would be thinking that this might be the end
of bitcoin since it is really just too low if we do consider on whats the ATH and it do ends up on dropping that low which even experienced or old timers of this market will really panic if this time happens.
Some might be still considering on buying up on these prices since its pretty cheap but as long the price wont really go to zero then there's always the probability of recovery
or huge pump ups and this is where those buyers been hoping for for it to happen.

I've learnt to focus on what I want to do than what people are saying, I call it "noise."  The technology behind Bitcoin might be simple but it is vast, so I am in the opinion that it will not go away anymore, it could only face severe challenges. Therefore, Bitcoin will always bounce back later even if it reaches below $1000. One thing will lead to another that will help it rise. I will always buy it at lows.

As a human being, I understand this especially if you have a lot of it in your wallet.

No pain, no gain, and the more your risk, the high your gain. If it's anything about Bitcoin now, I know there is no risk that will not be worth it if I continue to stake at lower prices.

I know we're dealing with a hypothetical scenario here, but I still want to maintain that the possibility of such happening is highly unlikely. Anything that can offer us that abysmal price level for Bitcoin at $1000 must kill the entire market as most alts take direction from Bitcoin.

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That's exactly my position too. It's easy for people to mouth how huge they would buy in if Bitcoin dipped but when that happens we don't see them buy. Many would've wished for a crash from its last time ATH of $64k+ to $40k, Anyway, I won't be shocked if those who wished that it plummeted to that level didn't buy when it got there. They may not even be buying at its current price of $21k+ too.

If you havent seen any projects or coins that overtaken bitcoin then we could really say that there's something wrong within the market where everything had been plumetting out and there's still no project that

do able to beat up bitcoin on replacing it on the peak or top 1 spot but if we do able to see that there's a particular coin who do able to overtake Bitcoin then this is the time we could really say that

this is the end of bitcoin and there's something new that replaced it on the peak spot and im much sure that confidence of people would really be that greatly shifted into other coins
that had been making out some significant movement.

Yeah, but I was showing in my post above that this attitude is not always a right one. $22k was a new ATH, and yet selling everything right away was definitely a wrong move.

There's a thing about Bitcoin: After some time it's obvious that buying in the past was the right thing to do, even if the price was going south for months after your buying. And selling, selling is almost always wrong, even at the time of a new ATH.

That is why bitcoin is not for children mindsets but for adult who really understand bitcoin and its risk. Investing on bitcoin does not mean you are going make it over night. But you have to zero your mind from the investment, also do not invest what is bigger than your mind, that is do not invest what you can not carry if it decreased. Remember that bitcoin is a decentralized coin and it is also an unstable coin.

Although I don't believe Bitcoin could reach $1000, even if it reaches that level, do you think running to other coins is the best solution? What I know is that if Bitcoin could be battered that much, no other coins would survive it as well. They would at least be at their almost completely ruined levels too.

Nothing is wrong with selling when that's the direction of the market. The way the buyers have rights is the way the sellers have rights, just that their timing is always different. We should speculate to know what we should choose, not thinking one is wrong and the other is the only right one.

The whole ecosystem that is running 24x7 and 365 days will not save a collapsing market and mining will be the weakest saviour. This is not just the issue, haven't you heard or read about the best-performing stocks that collapsed or almost collapsed despite being well appreciated before? That is the market for you, what holds any market's future is the stakes of investors therein, if one thing or the other has caused panic and lack of investors' confidence, anything can happen afterwards.

I like the investors' confidence part you mentioned, many people don't always want to think about that angle. It is part of Bitcoin, and if it fails, Bitcoin will be troubled. Nonetheless, I don't see a replacement yet. To me, if Bitcoin fails, everything coin would go down with it.

This will even be an opportunity for me that started learn just this year to gain ground. I will just buy and convince people to buy. Because I know bitcoin isn't just any shit coin

People will probably just buy it rightaway since the potential of price recovery is really high with that big dump if even ever happened in the first place. But, the main problem is that people would lose the opportunity to buy because of depression they would get with losing of so much money(although if those people knows that the price will be recover then it's not going to be a problem anyways, or rather just have not enough money to even buy more Bitcoin. That's what bother me most if that really happened, but yea just like other users said it's nearly impossible.

I agree that the chance of falling to such a low level is minimal since bitcoin is the flagship cryptocurrency. And a vast number of other coins depend on its course. For example, the same stablecoins. Therefore, it seems that the fall of bitcoin to $ 1,000 is almost impossible.Its bottom, in my opinion, is 10,000-15,000 dollars. Whales, commerce, and many holders of this currency will not let it fall further.