Until then, it may hover between $7600 to $9000.
"Hovering between $7600 to $9000" is different concept from crashing.
Did you want to copy/paste a different news and mixed them up?
Also, it cannot really hover "between $7600 to $9000" when the current value is not inside those limits, right?
Maybe that's why you change the subject to "crashing"? No. It's not crashing, at least not in my opinion. Just the lower limit of the "hovering" interval was too optimistic. $7000-$9000 or even $6500-$9000 may be more realistic.
it is because the definition of crash that newbies like OP have is very different from definition of a crash that normal people have. it comes from their false expectations out of bitcoin. they expect it to always rise and rise big. for example if today price were $7000 they expect it to be $8000 in a week then $9000 in 2 weeks and by the end of the month they expect $10k and $100k by the end of the year.
and when that doesn't happen they consider it a "crash" and sometimes they even call bitcoin "dead" because of it!