we see bitcoin today experiencing high fluctuations below and will always drops, probably going back to the point of $ 4500. but if I look with bitcoin stock today which a little again $ 3.5 million , then this condition is not normal. because it should be when bitcoin is scarce, then price and value will quickly rise and higher. but today why down? do we have to wait 1 million bitcoins?
A lot of new Bitcoin holders are most probably panic selling which is why it is down. There is too much supply of Bitcoin at the moment. Bitcoin may only have 21,000,000 units but the market forces is still at play so the price will be down. Basic rule of economics is at play. So the real question is that why are you even startled. It is because you are a noob.