it is not going down fast, the problem is that there is a lot of fud on the market and that is one of the main reasons of why we are seeing a lot of troubles on the scenario. If you want to make money, just relax and wait a little bit longer
Well I suppose that when people see that how fast the price of bitcoin drops, they start hastily selling their bitcoin and the more they sell, the more rapidly the price of bitcoin falls and eventually all of this is a vicious circle. But it would be difficult to keep their bitcoin when its price plummets, especially when bitcoin is their main source of income and they would risk losing their money and getting close to the breadline. So they could hardly wait for some miracles to happen.
I think bitcoin rapidly down the price because of the supply and demand of people so that bitcoin price will fallen down but we know the price of bitcoin will back in the normal so dont be scared and dont be panic im sure bitcoin price will back in the original price or reach the original price.