My guess is hitting 10 000 was a milestone for a lot of people and it went as high as 11.5k+ earlier today then a whale sold off or something and here is the problem with a bunch of people who own a % selling.. they create a snowball effect and others panic and get scared and start selling. How low will it go? No one knows as for long term hodlers you have nothing to worry about : ). So just hold
Disclaimer: this is not financial advise trade at your own risk
Always expect a correction on the price everytime it was on a crazy pump. The moment it reached $10,000 it was expected so nothing new here. Plus if we look on the current price movement, the dip was not staying for long time and it keeps on bouncing back. It swings as normal and this a good sign that the resistance is building at above $9,000. The support was great so surely the bitcoin price will get back the momentum again.
$9,000 as new bottom? Let' see.