I think the market just offered us another opportunity to buy, buy and continue to collect more Bitcoin at a very reduced price. This does not come as a surprise to me though because I expected some corrections from ending of July to August but this will begin to change as we approach September, a month that is always seen as a positive month for Bitcoin. Both those using the DCA method and buying the dips have the chance to take advantage of the drop in price. This is not the time to panic but time to take actions that is intentional.
This month may be the last chance for us to buy dips. We may not be able to buy bitcoins at this price anymore. This month of August may give us a great opportunity to buy more bitcoins at a lower price. Many holders are panicking and selling their bitcoins, I'd say they're making a huge mistake that they'll regret later. This is not a month to panic but rather a month to take advantage of opportunities. So don't panic during this low price of Bitcoin and focus on increasing your investment.