Yeah.. bitcoin isn't going down but it's going up. Many have tried to spread misinformation on how it may fall further but most of them predicted a wrong thing. Everyone would love to see it go $11,000 next but we need to surpass first those lower level before reaching another higher price such as $11,000. When there's a sudden dump, what I have noticed, many are panicking and have that thought the market will never recover anymore, stop worrying and thinking about that, you are just pressuring yourselves.
Many people think that prices will fall, because people think that the increase is already high, and many people will sell it. yeah it will make a correction like some time ago. but the falling price will not last long, it is actually an opportunity for us to buy, because after that the price will rise again. To get to $11k is certainly not an easy thing, many walls must be destroyed and maybe we will still go through a lot of corrections going forward
Falling won't last as we're seeing it, the market shows the dominance of bitcoin never gets low. Kind of difficult time to get through the $11,000 resistance. $8k is still trying to get its resistance while the market goes a few dip then sudden pumps.
The dump of bitcoin just recently is just the normal crypto market being volatile, it's nothing to worry about guys. The price of bitcoin will surely rise up to $11k soon, all you have to do is to have some patience.
They are worrying when they see something like that, they are adding pressure to themselves although they are aware its just temporal.