It looks like the resistance level of 8K seems to be holding. For a moment it was a bit below 8K but now it is rallying at around $8.4K (at the time of this comment).

I hope that it fully rallies and recovers. This makes sense, the wide swings, due to the extreme newness of Bitcoin itself. Also the huge amount of people who have recently gotten more interested in the market have increased volume and thus, volatility.

Personally I've owned Bitcoin since 2013 so even a market correction like this doesn't have me too worried.

Wondering what you think about some of the alt coins, who I'm not as familiar with.