I am 50/50 on this. Is it a good chance to buy and we won't see 6k again or is it a huge risk and it might crash to 2k or even to nothing. Are people buying now or just watching and waiting. There does seem a big volume of Bitcoin changing hands today compared to the last couple of weeks. Are they buying or selling. Why has it gone down so much at the moment.
When ever the market goes down, it gives you the opportunity to enter the coin once again and this is a good time to enter the market, majority of the investors are waiting to see a clear picture when it comes to regulations around the globe and as long as those rumors are crushed and we see a clear path, the entire market will move according to every negative news, be patient and wait for the market to recover and invest when ever you can.
Personally I do not think that this is a matter of investors waiting for the regulations to come I think that they are simply out of money, investors no matter how big their pockets are have a limit to the amount of money that they can invest, and it's likely that many people that have been in the market of cryptocurrencies for quite some time exceeded the amount of money that they are willing to invest for the time being.