That fall was necessary for bitcoin to rise 7% too and back trading at over $10,000.
per
https://coinmarketcap.com/, btc is trading at $10,383.31, its a big increase compared to the price that we've seen in the past few days.
I was right that BTC will eventually fought back up, and here it is now, we are witnessing a good run ad we will probably see this back at $11k again soon enough.
Exactly, that's why people are advising not to panic for a minute here because we all know that Bitcoin has this sort of ability to bounce back after what? 7% drop in a minute? LOL. Was out the whole day and just checking the price and I was not surprised that it suddenly jump above $10,000 again. So I'm sure the OP is very excited to see the current price and will no longer question and doubt how Bitcoin is resilient and can recover after such dropped.
More excitement be felt if BTC will be back again at $11k which likely to happen in the next few days.
Before I sleep, BTC was jus trading at $10,400, now it's already at $10,600, when the market is bullish, nothing is really impossible.
A fall in minutes has been normal in the market, but we don't want to see that, unless we are shorting BTC.
OP should now learn from what he is witnessing now, a possible same scenario in the future should not make him worry anymore.