This breakdown in price is hardly anything new. Newbies and the uninformed run around in a panic declaring the sky is falling, while veterans just sit back and go with the flow.
I've been following BTC for some time but it wasn't until recently I made a major investment when it broke under $10'000. Granted, I would have held off if I'd known we'd fall into this range, but I'm not losing any sleep over it. IMO, it's a combination of whale dumps and weak hands who couldn't see past Bakkt and balked. The Bakkt launch had telegraphed volatility, not a guaranteed surge in price.
I was looking for an opening under $10000 and got it. My eye is set on mid-late 2020. The halving is incoming and these movements are nothing to lose any sleep over given the long term nature of the investment.