January is usually a bearish month for Crypto. To reflect on Haejin's mention of 7-8k buy in range for BTC. It may be a flash drop to that price area. In order to catch these drops near those ranges you need to set alerts or be solely dedicated to trading. We have to account for CME futures contracts expiring today as well. Historically that plays a decent role in pricing of BTC. And again, if prices do reach 7-8k, which technically it should, then it'll only be for a quick moment.