I remember bitcoin going from $600 to roughly $3000 and all the fud around that time that it would crash to zero when it corrected 30-40%. In the end it was better to just hold and sell at the end of the cycle than stress over small corrections on the way up. I think it's a similar situation now just 10x the price.
I see the global markets either correcting or the more likely scenario of continuing to go up with the infinite quantitive easing from the fed buying up most the assets which will also benefit bitcoin as there will be more money in circulation.