Bitcoin is busy with another strong retracement back to the 50% and 61.8% Fibonacci levels. This is a 4th wave of the bitcoin bull run between mid 2016 and end 2017.
Price might take a few days to recover as week hands fold and the market goes through typical FUD, but in my opinion this retracement is very healthy and people need to stay calm and follow analysis instead of feelings.
Please check the comment that I posted in regards to waves 1, 2 and 3.