Are you blaming the crash on newbies? The bigger issue are the people who control and are better able to manipulate Bitcoin. Assuming there are such entities, which I think there are. These are the people that dictate things.
Read the post properly, and you'll understand what OP is talking about. To cut a long story short, weak hands need to liquidate their positions (preferably below the point they got in) to allow the market to grow further afterwards, and for that to happen we need crashes and corrections every now and then. In other words, whether a crash has been initiated artificially, or due to the market being overbought, it is a very healthy occurrence helping the market forward in the long run. This way, the bottom after each next crash will always be higher than the previous bottom, and this trend is something we have experienced consistently throughout the years. Great and spot on observation by OP.
Great opinion on the topic, additional inputs, newbie often time Hold on to long to their Cypto currency coin, which in turn affect the market movement dependent on the volume of investment was put in into the market, Yes, it is normal happening in the market to experience some up and down on the price value of one coin, market is Volatile, it is only the strong remain during this time which eventually indicate the possible huge investment after the down stream or the crash, end result a possible bull run or spike high of the market price value of crypto coins.
