Earlier today, Bitcoin price was close $3000 and reached $3000 in some exchanges, and it's now dropping. This is not good. For how long is going to keep on doing this? But I know it's a good thing for those who are willing to buy their first BTC. Hopefully they just can't wait until it reaches the $1500 mark.
I do not think that the price of bitcoin will drop down to $300 because as you can see, the price of bitcoin is nearly $3000 and a small dump only cause nothing. It will soon recover from the crash and hit $4000.