That drop goes in hand with a drop in the stock market, it seems investors are scared of a crisis and are selling assets. The only positive side of it is that bitcoin has the smallest drop among the top currencies at coinmarketcap.
the rise and fall of the market, I think this is natural, because it is the current situation like that. so we can't change it, with the rise and fall of this market price. so as a result many of our friends are nervous and panicked.
Or perhaps they deemed that it's going to be more strategic to sell now and buy at a much cheaper price. The decline was steep and quick and for some who are looking at long term investments, what's happening right now could be considered as a blessing. I don't think there are as many panicky holders now as there were before.
