No that won't happen because Bitcoin has seen worse and have become matured over time. At 4.5k where it stands now, fluctuations upto 300 to 400 both ways is expected. Currently strategist are saying that it may come down drastically as FOMO being kicked it, chances of that happening seems rare as many people are getting on board too. Though it won't ever hit as low as you have jotted. Keep investing in chunks to reduce losses.
Becoming millionaire overnight could happen but in dreams. Though crypto can still make it happen if we have patience and research put in for our investments. Invest wisely and carefully...
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Yeah I know, just dreams :D