the price of bitcoin has dropped to the price of $ 7200, it is very likely that the price of bitcoin will continue to fall until the price of bitcoin falls below $ 7000. But I hope that will not happen.
why is it likely? that is the important part where you failed to explain.
just like back a couple of days ago during the rise, this is the same. just because price moved a little bit in a certain direction it doesn't mean it will continue fast and big in that direction. as i said before just because it went to $8k it doesn't mean it will go to $50k this fast.
The market tends to move in different cycles, there is a bullish trend then a bearish trend and then a time where the market does not trend at all, people are expecting to see a bullish trend again but the most likely scenario is one in which this up and down movement continues for years, so I do not expect any kind of big movement in any direction.