I think the price reduction of bitcoin is a normal phenomenon, it is a very normal adjustment.
A lot of people saw a lot of falls, and they said they broke, I don't think so, I think of it as a correction, so it's better to go up.
Bitcoin itself may be a very new thing, excessive investment may be bitcoin bubble, which led to misconfiguration of capital.
Doesn't really seem excessive, less than 0.1% of the world is invested in crypto as of now, there is still massive room for growth. I don't think it was the sudden growth that caused this.