This does show that it is not some sort of good rich quick scheme that all in the public did believe at one but now that it is getting global recognition. Many are seeing it in a different light then they once did when it was first introduced in the public eye by way of silk road.
I think it is
People profits from this crash. It is how you read the situation well. I hope for the increase in value when it was $1k + but I know with the fast rise of Bitcoin price, it will certainly crash down to where it is now. People called them correction but I guess this is another whales manipulation to accumulate cheaper coins after cashing out the one they bought in cheaper price way back months ago. Then price will go up again after this accumulation phase is done just like the old day. They (whales) always rinse and repeat.