Too many people are working towards making the lower prices happen, between the sellers, the panic filled people, the SBF type of bad news makers, and all the twitter FUD spreaders, and the short futures buyers, they are all trying to make the lower prices possible.
As I said before, the moment it was possible to make money with shorting, the moment people realized lower price of bitcoin could still mean profit, the healthy growth of bitcoin was damaged. It still goes up in the long run, but on the short term there are a lot of people who try to take advantage of the promising future and keep crashing it and take money out of people who want to see bitcoin grow.
Yes and that is how the market is built or at least how there are still traders who makes money in this bear market, they short. However, for me this is very difficult way to make money. I mean it not for all I guess. Unless you are willing to get the experience first, losing money before you can make in the future.
And as far as those social media who spreads FUD, just face it and then read between the lines. Even in non crypto there are a lot of fake news but it doesn't mean that we are going to listen or believed in them. It's really up to us on how we are going to respond with those FUD, like when the price goes down, it's better to buy again and accumulate bitcoin at a cheap price.