Lol this is too funny, I was led to believe we were going to see $11000 in the coming days.
I am so happy to have sold some yesterday, my spidey sense was tingling. Now, lets see if I can buy them back at a bargain price. Why do I make so much more money in a tanking market? Probably because I dont buy when its going up.
Anywayz, buy low, sell high, alwayz works for me. Noobs lose money because they do the exact opposite. Lolz!
I do not know if we are going to see such a low price maybe we are going to see 8000 or even 7000 but I do not think we're going to see 6000 again, however you are right when you say that there are many newbie traders that make a big mistake of buying when the price is very high and then selling when its low and they do that because they do not have any experience in trading and then they panic when they see the volatility of the market.
I do not believe that it will happen. probably, the bottom is 6.5 thousand but I am not expecting that Bitcoin will have another Great Fall. I hope for the better.