Bitcoin -30% or more by Christmas Day? Could it happen?

Unless you have a really solid belief that Bitcoin is the future, this chart is showing me that $13,500 must hold as the current support - otherwise we are going to see a very dramatic and fast decline to SUB 10k levels by the end of Christmas Day. At sub $10 levels, Bitcoin will have HALVED it's previous values and I expect many bitcoin believers may be struggling with their convictions.

There is something psychological that happens when you watch 20k turn into 9k in about 6 days. It tends to make you feel sick.