I want know the exact reason for that
The dips happen today isn't new anymore, it will normally fluctuates as we aren't take control of the market trend.
A lot of factors helping to behave like that and it looks like it is hardly to know what is really affecting it which cause a huge market decline.
The news is one of the reasons why bitcoin drops this is just what I noticed on the market.
The news has a big influence on the market where can affect the movement price of bitcoin if there is bad news publish.
Also, there are many whales on the market that is why the price drops a lot in a few days but after they feel that the bitcoin reach the lowest price they starting to buy back again to hold and to play the bitcoin price.
So, it is not new to us if we know that bitcoin is too volatile.