It's not only about Bitcoin but also about many different assets. People tend to buy Bitcoin even though they don't understand cryptocurrenncies or they don't even bother to read about them. People panic right now because its price is constantly decreasing without any particular reason. Don't focus on the price, focus on the technology.
The truth about bitcoin are as of now is bitcoin is not totally legal currency. There some establishments who accept bitcoin as payment but there some are not. The truth about bitcoin also is the unstable value of bitcoin and the panic buying or selling. Also the predictions are there.