To be honest when I see such drop in Bitcoin price I feel good, cause I see the drop in price as an opportunity not a crisis.
Since the inception of Bitcoin this has been the story line dip and make a new ATH on your way back up it’s a win win situation for those who understand and Believe in Bitcoin.
Well, I agree with you though, but only the basis that one has some money laying around somewhere with which he or she can use to take advantage of the opportunity. For what is an opportunity like this good for when you have invested every penny you have and just then, the price dips 10 to 20 percent? You are definitely going to wish you had waited a bit before buying or investing.
So, this is to tell you that even what seems or ordinarily should be an opportunity can turn out to be a nightmare because of lack of money, so, if we must be sincere with ourselves, bitcoin price dropping 10 to 20 percent in a day, can be seen as opportunity to those who have the funds to DCA back in at that lower price, for those who have initially invested everything and only waiting for the price to rise so they can sell and make some profit, such a drop can definitely be a problem for them, rather than it being an opportunity, same way a man's food, can be another man's poison.