BTC getting into oversold territory now, this drop can be the last shake down before the strong rally resumes towards possibly a new ATH,
I would consider 7500-8000ish USD levels during the next 1-2 weeks as opportune places to incrementally add to your BTC positions
(while keeping some reserves intact in case of an unpredictable catastrophic event)...
I agree about the over sold territory specially in the last couple of months. I'm sure everyone notices the pattern is sideways, so it's either a break out could happen anytime or just book orders are getting thiner by the day.
$75---to $8---'sh levels is possible, although trading volume seems to go up, it doesn't mean that investors are still getting back after a flash crash scare. So for those who really have the capital to get inside today, perhaps it's a good decision and then slowly accumulate when the price goes down again in the next one to two weeks.