The thing here is that this is not the first time that Bitcoin got into some stumbling blocks and I know this will never be the last as the cycle is just repeating itself. We already have established the history of Bitcoin...as they always say rejoice when Bitcoin is going down because this is the best opportunity to enter the market and some wild profits. Weeks from now, Bitcoin will be back at $11-12K level and those who bought their Bitcoin at today's rate will be happy for such an enormous return.

Of course. A bear market is always the best time to get coins because their price goes below their real value. People are panicking and selling cheap without thinking about the reasons. Price has to fall to gain momentum for another rise, it's normal. If you let your emotions take over you'll lose money.