Yes, bitcoin reduces time to time but it doesn't mean it go really deep because it always it managed to comeback. We had seen that drastic price of $5,000.00 and that's the below price it could get but still managed to pushed come back up to $6,000.00 in next few days. So, basically that's volatility at its work and no need to panic at all. Let's just keep supporting and hold for greater goods as early adopters.
The support levels here are important to look at. The currency big support level is at 6000$ at is difficult to break unless or until we see a very big negative news in the market. Other than that 6000$ is the bottom and bitcoin will go higher from this price. The only question is when it will move up ?