To the above comment:^
God I hope you're correct, I bought at $9K but damn, bearish markets are depressing
Then you have nothing to worry about, you bought bitcoin at a very good rate and it is unlikely the price will go down to those levels soon, in the best case scenario what we are seeing now is a correction and the price will continue its upward trajectory during the next months surpassing by a wide margin its previous ATH, however if this is the beginning of the end for this particular trend I see very unlikely that you are going to lose money, so keep calm and do not panic because that is precisely what many whales probably want you to do.
Exactly, the OP bought it < $10k so his still profit taking even at this price. I guess this is a classic example of a shake out, I mean why would he panic seeing the price when he is still in the positive. But for those who have seen this kind of movement, called strong hands, they didn't even blink an eye because this is forthcoming.
@maxreish - we still have the $16500 support, if that is broken then definitely we can go to $14k. So we will have to see how the current support is holding.