90% of those who are talking about "death of bitcoin" are the same people who are trying so hard to buy bitcoin when it drops a small 5% so that they can accumulate a tiny bit more.
the rest (10%) are the newbies who fall for the 90% FUD and are scared of the situation.
You analyse very correctly. Those who create market tendencies get worse are whales. They tried to spread the rumours bad about the crypto market and make new investors fearful and anxious. They sell bitcoins and altcoin at the lowest prices. And the person who benefits most from this is the whale