is it safe to assume that Bitcoin is probably hitting a capped price(i.e $10k)?
What do you mean by "capped price"?There's no such thing as a steady price,when it comes to bitcoin.
The 10K USD price was a psychological barrier that couldn't resist the selling pressure caused by various factors and it simply collapsed back to 8.6K USD.No bitcoin price level can be considered stable and you should educate yourself more about the price behavior of assets with immense price volatility like Bitcoin.