And two days later price recovered to ~$8,487 (at the time of writing this post). Can we all just accept that price of bitcoin is not stable?
People think that if you buy at some point the only possible scenario would be a gradual increase in price - which is not true.
If you are predicting some dramatic price decline - please tell us why exactly this would happen - because the price of Bitcoin is not that much volatile.
The lowest price I can imagine for now is something around $6.500 - and only in a case when we will see some further FUD or dramatic bad news.