I do not see it as panic time rather buy the dip time. It is a combination of whales profit taking, newbie shakedown and FUD. If you are not buying bitcoin during this time, it is better just to hodl on your bitcoin. The price will go back up as it always does.
Yeah. I cant see a panic rathar, i only see is the future of bitcoin. Becuase the bitcoin is morr higher in this year. Same pattern in the last year. So buy more bitcoin now. Dont hesetate,