One thing you should know in this crypto space is that if you throw a rock into a crowd, you would hit hundreds of Professionals who just happen to know the exact price that BTC would be trading in the future and most of them turn out to be useless information, just do your due diligence, do not buy or sell because others tell you to, do your own research, trust your own gut and you would be fine.. sometimes.
He's one of the few people who I'd consider worth listening to. He has no particular axe to grind in either direction and he's a long term believer and he's been around since BTC was in the cents.
No one knows shit of course, but he's not some Twitter zombie.
Yes, what some people may not understand is that being a long term believer does not mean you cannot analyze the market and say it as it is. No one knows the future and it is just more like trying to speculate if there could possibly be more to the downfall, and in everything he said, I would not actually consider it false, because the market sure do have more room to go down in the long run except we get some huge news to take the market off the roof.
Expect the best and always prepare for the worst, that is always a way to play the risk game. Well, it is a good thing that Trace Mayer said 'MAY', so it is not a guaranteed statement and with that we should know out rightly that no one can know if this would be true or not since we obviously cannot see what the future holds for anything at all, let alone the market.
The chances are there, but they are just chances, things can change and we can see it skyrocketing and things may not change that much and we might see it go as low as $5k or even lower. So, in that case, I guess time will tell.