Few days back I was this close to buying BTC when it was around 10k, but halted for some reasons. Now I see the price is around 8.6k and I wonder why the sudden downwards trend! I see no major news out there (or maybe the statements of mr. buffet and gates?). What could be the reason and how dip the price can go?
That would have been the biggest mistake of your life. Since you did not buy already on the breakout, normally you should have waited for a break above $10k even before buying. Moreover, if you are a trader who knows what he is doing, then you should have noticed the bearish divergence on the 1 hr chart as well to know that was a danger zone to be considering buying unless a breakout occurs.
All the above, anything can happen in a market at any time and that is the reason every trader do not usually do without their stop losses, so you just have to get used to it.