I dont know why the bitcoin price down so fast who know some big event please give me the reasons.
I think in part due to the cancellation of SegWit2x, users feel that btc is slow to handle transactions and they do not like it. But with such a mass, btc did so well. On the other hand, the growth of the altcoins also attracted many users. This has led to a decline in btc investment and, of course, prices have fallen.