The volume is terrible low. It seems the market lost all interest in bitcoin. Where are the exchanges when you need them to manipulate the price? Where the youtubers to pump n dump? Nothing there. Cryptos seem to become very unpopular.
With a NASDAQ, Dow Jones, the Stock Market dropping, it is more than normal that Cryptos take a hit too. So don't worry.
But seriously, don't buy now. We will definitely see the 4700 dollars in some days, weeks.
Btw, if you have read this comment on the bitcoin price, please leave me a comment or a thumbs up. It would be interesting to know how many people still use Steemit.