if btc drops to 7-8k range what happens to alts?
They followed unintendedly because of the demand and supply, they may pump or dump even the price of bitcoin will touched down ro 3k again. Hence, I won't deny the fact that whenever bitcoin is at dip, most of the altcoins are also in reds. And the moment bitcoin rises, majority of the coins are also at green market. Not all the scenario is always like that. Even btc rises, some altcoins are hard to recover and increase.
It would really be hard for the price of bitcoin to ever touch down to $3k again irrespective of whatever bad condition the market may be, you take a look at it deeply, what exactly do you think will cause bitcoin to decline that much again, is it that people would panic sell their investment for no reason, because the only reason that I feel bitcoin could even decline rapidly is when the All-time high is attained and market tending to move towards bear, people would want to be taking their investment out for profit.
I only believe that for now, we will be having corrections pending when bitcoin has more bulls that will invest heavily to create demand that will force it into bull run and no matter the correction, the highest low we can see is $6500.