Act like this is going to happen and if you are safe in this scenario you will be safe in every scenario.
This is one of the best examples of media manipulation. Check the thumbnail and then check the article. Thumbnail is very bearish but if you read article you will find this statement :
" I would like to see us test $5000 to really see if we’ve put a bottom in [...] if that holds then we can rally to $50,000 by year end. "
What ever does happen, I am sure in few years from now our current ATH ( 20k ) will be funny and we will saw a lot of them saying " I wish I bought BTC at $7k ".
I am a trader and thats why I am updating you mostly on short-term price action because I am limited and I need every month to make profit. In order to make it possible I need to do daily or weekly trades. But in general, BTC will be worth much more than it is now. But, as we are trading channel, I am mostly talking about trading. As an investmnet ( to hold for few years ) BTC is currenlty in buy area and everything below 10k will be greak investmnet. But it doesnt mean that 5k is impossible but it means that once we reach 50k or more it wont be important if you bought BTC at 5, 7 or 10k.