Normal correction, much needed after this fast growth.
C'mon guys, you must be new!
That is just the way things are, my supposition is that those people are investing money they cannot afford to lose and that is why whenever there is a correction there is panic, I have some money invested in bitcoin but I do not care if the price goes down since I'm in profit anyway.
Well since bitcoin in demand there are new hodlers are afraid to lose their investment. even the fee huge they are still sold their bitcoin just to be safe of their investment but the fact they didn't know actually the movement of the price just like what happen before that happen again this this year except for last year that actually the price was continues to increased just years ago where we are always seeing panic selling..