I hope that people are buying right now, because the value of Bitcoin is going down considerably and I'm hoping something happens to revert this bear run and get Bitcoin back up to the mid $600s. I'm not liking this downturn at all, and I hope something comes out of this to stop this from happening. It's not like it is massively imperative, but some investors are probably pretty mad right now.
I don't think this is the time to panic as $600 support is still strong and probably the only reason it goes below that is to give opportunity for some to buy at lower levels. I don't even think we are entering the bear market phase as we are still seeing some upswings here and there, however unsustained. Whatever happens, I am bracing myself for the worst while still hoping for the best.