There is a lot of talk about institutional money coming into btc. Does anybody think they wana buy it for 20k? They have money and resources to make a dump. If we want mass adoption and big money flowing in we have to expect things like this.
Bitcoin created billionaires and also billionaires has an effect on the marketplace , even the currency is unstable still they wanted more , and if billionaires or the whales leave , or panic sell it can cost a lot of damage through bitcoin price and that's why our demand on the marketplace is volatile.