Bitcoin price dropped a lot today, but pumped up a bit again. Currently the market is very volatile, so many may panic and decide to sell Bitcoin. Maybe many panicked and sold bitcoins. Now those who will decide to sell bitcoins after getting disappointed in this decline, are not really real investors. Those who are real investors will never panic at this decline, instead they will see this decline as an opportunity to buy dips. I am not disappointed with this decline, I will continue to try to buy more.
I believe those who sold there bitcoin in panic are mostly newbies and they really lack understand that bitcoin is a volatile asset, that it price can fluctuate rapidly and unpredictably. Most newbies this days don't want to take their time to understand how things work in the industry, bitcoin dumps to restructure again and many newbies fail to understand this.