Many people bought bitcoin because they heard many positive comments, such as:" in 2 months bitcoin will be worth $ 10,000. " Analyst X predicts bitcoin prices in 2050 will be $ 50,000 "How many comments of this kind did not we see? type "bitcoin will be worth 100,000 within 3 years" we did not see it obvious that people would buy bitcoin after hearing this kind of positive news, but the price fell and the expectations of those people were dropped, the dream of these people went to waste. With regulations the situation worsened for bitcoin. So it's normal to have dump