It's part of manipulation but i think bitcoin will not hit hard to the floor i mean bitcoin will not reach 0 but it will dump a 50% price and will bounce back to 250% or more that's a good price movement of bitcoin as of now we could see some good and bad news of bitcoin but currently the state of bitcoin is purely speculative to those who don't believe
True, i think bitcoin price will become lower than we expected but not that lower that eventually lost it's value.
The price volatility with bitcioin is very high and I think its normal in this kind of market. Bitcion may go deeper but still believe that it will bounce back. For now hold it for good, buy more and focus more on the future of this.