People are panicking because of some countries are banning bitcoin and so called experts causing a fuzz that bitcoin will not survive this.
This is a FUD, those "experts" are totally useless and does not help to make the entire economy healthy although the correction is healthy itself.
But guess what, every year bitcoin falls hard and shoots like a moon. I think we are lucky for this year because bitcoin started small and I believe it will pump hard at the end of the year.
It's always the darkest time during the dawn but after that what's next? Morning, rising of bitcoin again.