Ohhh we are on dip again. Price is now $8,700
Eventually bull phase will be over.
Also eventually this bear phase will end soon but for now this bearish trend needs to be done. And for those who remains to be faithful needs to wait until the price of bitcoin goes up again.
Whales are already leaving the market, look at the dip in number of transactions on daily basis. High transaction fees, high trading fees aren't the good sign for any commodity. And there is not much place left for small investors to gain profit.