Bitcoin Price Drop to $8,000 “Not a Bad Thing”; Here’s Why

Over the past few days, Bitcoin has been absolutely slammed by sellers. After the launch of Bakkt’s physical Bitcoin futures failed to move the cryptocurrency market, the BTC price tanked, falling off a proverbial cliff in a spectacular fashion.
Related Reading: Bitcoin, the Best Performing Asset Ever, is “Still Very Cheap”: Prominent Investor
Within the span of a day, the cryptocurrency lost support at five digits — $10,000 — crashing all the way to $8,000 in a mov