The Trend line now became support
From there the price tried to break the $10000 however it encountered major resistance before dropping to #5
As a total idiot and crypto novice
Am of the opinion that this is bad
This further fall right in with those who says that it's still going lower
How low will it go?? I don't know
We can all Gestomate where how low the price will go, however no one knows
In 2014, the price of Bitcoin dropped/corrected by 90%
If we only get close to that, then we could be getting close to the $3000 mark
On a Further Point
Bitcoin has been loosing it market dominance, small piece at a time
Have noticed that some of the other crypto currencies have not dropped as badly as Bitcoin
There will be a day, when Bitcoin will no longer move the whole market when Bitcoin moves