From my perspective, it will not go down below 1000 dollars, but in the monetary system anything can be happened. During recession many European countries economy had been collapsed, so if it occurred again then everything will go down. Nothing can be predictable...
As of now, I think NO also. Bitcoin is already treading to $3,000 dollar and getting back to $1000 is a major crash happening if ever. Though possibility is always there but for now, NO.
I believe it's possible to fall that low value but I am not thinking of it anymore, It's enough for me to know the possibilities but I am more optimistic of the price increase because I believe if we are positive the vibes will get in and it will happen. Now, going back to being realistic, the current market of bitcoin is not telling that the price will dump in any given time, that is of course the exemption if there is a big bad news that will occur.
Due to halving and the acceptance of some countries by officially recognise bitcoin as a legal tender? There's no way bitcoin could drop that low unless something unexpected which is pretty bad happens to bitcoin.
Bitcoin's halving always occurs periodically and demands always increase by the time, it means that Bitcoin has a really high chance to have higher value more than the current price
No country has accepted Bitcoin as legal tender so far
Accepting it as legal tender would mean being able to pay taxes with it, and no government would go for that given they already have their own currency for paying taxes (at least, not in the foreseeable future). Apart from that, neither this nor something else of that kind would prevent Bitcoin from a collapse if that should come about for real. For example, the chain split so much talked about could easily drive the prices well below 1,000 dollars
hmm, why do you think so? For example when BitFury was building largest datacenter in Georgia, goverment liked this fact very much and as one of them said, bitcoin is the currency of future and building largest datacenter will help country to be known for many people.
Bitcoin is very changeable in price so no one accept it without converting in $ or other currency, so almost every business converts it and in this moment bank takes fees and they pay some % of this fee to goverment
As you likely know, talk is cheap
And when government starts talking about something, it is twice as cheap. In fact, it is virtually worthless. Today they can say one thing, tomorrow they will say the opposite and claim at that they didn't say what they actually said yesterday (think 1984 here). As I said, so far no country has accepted Bitcoin as legal tender, this is a simple fact of life. When some country officially declares Bitcoin as a "legal payment for all public debts, fees, and duties", then we may talk about that but not earlier than that