This is just the price drop due to panic selling of bitcoin holders because of the banning issues on cryptocurrency by facebook, google and twitter. Those large companies online have really made a mess on the investors and traders of bitcoin. But as you can see though bitcoin dropped somehow you can see that there is a support and with that support, we can be assured that bitcoin's value will not drop below 6k$. Rest assured bitcoin will recover soon. Please let us not spread fear into the crypto community as it will not do people new to crypto good.