The price of bitcoin is red on the market so you want to do panic selling?
Trust me, if you get scared today and sell your bitcoins, and the market gets better tomorrow, what happens?
You cannot eat your cake and have it back.
I don't think that there is a panic. What we are witnessing are speculators and smart investors who invested at around $6200-$6300 taking profits and cashing it out.
Those noobs are already out of the market when the price hits below 5 digits. As to what happens, just like what happens in the last couple of months. Manipulation.
Big players are setting up a bull run and bot traders already put their orders in place. So its a avalanche and after effects that's why the price goes down in the last 48 hours.