I was watching a live price chart on Bitstamp, I saw the price go as low as $29,400. The price has recovered to $30,611 as I type this. We are kind of in no man’s land at the moment. It’s interesting to see if the bears or bulls are going to prevail.
Even if the bear will win, I don't care and will continue to be a bitcoin holder. If I had more money, I would buy more and keep piling up. We have seen this kind of thing several times and in the end, the price returned to a higher level.