Seeing bitcoin price drop to $3k is almost impossible going by how far it has gone. I understand that bitcoin is volatile but there is a level of market drop that may not happen anytime soon. Anyway, if it happens, I will just know that it is my opportunity to make a good life. Buying is the right choice. As long as you are accumulating bitcoin, the price may not matter much if you intend to hold for long. It is mostly traders that get too scared of bitcoin price drop and not real investors.

If you strongly believe that the price of bitcoin will not fall below $3k, it means your faith in bitcoin will be broken if that happens. In that case, Bitcoin has failed you, how can you buy something that has failed you? Not just you, I am really skeptical of people who say they believe bitcoin won't drop to $3k, but will buy if it drops to that level. That is a contradictory statement.

The drop would be 97% if bitcoin price falls to $3k from current price. I don't think this is a normal decline of a potential asset. So I won't rush into a blind purchase, instead I will observe for a while before making a final decision.

3000 or 30000, you should aim to start buying before the lowest price or its easily possible to miss and hesitate endlessly while all the lowest prices are the bargain you should take up.
   The absolute low and trying to capture it so you can say I never once lost or was incorrect in buying is a fallacy of trading.   What is generally the right attitude is to accept the market price itself is a spectrum of opinion, its never completely correct but more an average and accumulation of views and price action around the globe in this case as BTC is global.

The 200 week average is below 50k, that's generally the lowest target most will accept is always fair to consider even when we're at the highs like now don't forget that BTC has a lower gear to its internal action and in extremis we may yet visit a valid low in that area.
   BTC was below the 200 week average for some time not that long ago in my recollection so I'll take OP missed a zero but it is fair to ask if shaken badly would we still be bullish on BTC even then.

There's always the probability on which we know that this market is unpredictable and there's no way that we can be able to tell on what would happen. Come to think that we've been able to hit up that $69k ATH but no one had seen coming that $15k low price .. Same goes with that $19k peak then go back into $3k.. If we do base up with those patterns about % drop after ATH, then we can be able to tell that its not something that could possibly happen into this market cycle. We havent been able to see the peak yet, on the moment that the market will be making up that start up cycle then those possible drop % might be calculated basing up into those things that happened in the past. There's no way on telling on what the future looks like but to assume out basing up on the history that we have then we can be able to project or assume some numbers but definitely talking about $3k on here.  In speaking about buybacks then it will be that still questionable on a certain person whether they would be doing up such buyback or they would be that hesitated on doing so on which we do know that once this thing do happen on which there's a drop on which you would be that thinking that there might be something wrong with Bitcoin on why it do ends up on something like that. Just like on been said that it would be that so hard to believe that we will be that doing this low on which considering on how far we've been able to fly when it comes to the current price on which making up some corrections wont be going down into these levels There will be that hesitance on making up some buyback because you would be that mainly thinking that it might go down even more. This market is unpredictable and there's no way that we can be able to tell on where it would be that going.

All those $350,000 predictions for 2025 – 2025 is still too fresh for us to start judging those who predicted it to reach that level, even when we know that the chances of getting there are slim, but we should not be too quick to condemn the prediction.