On-chain data suggests Bitcoin price will not see a Black Thursday repeat as the amount of BTC held at exchanges has dropped to a 2020 low.
Source: https://cointelegraph.com/news/bitcoin-black-thursday-repeat-unlikely-as-exchanges-have-less-btc
Bitcoin ‘Black Thursday’ Repeat Unlikely as Exchanges Have Less BTC
August 19, 2020
CoinTelegraph