There are so many people lost the trust about bitcoin when the market goes down! They lose patience and sell all the coin they are holding.But in some way the market is always recovering, even if the BTC is lower than 6k.So I think we should be calm and believe in crypto market and GOD will bless us . Good luck for all of us!
they are too panicked and many of them are beginner investors, they have not had much experience in crypto so they are easily emotional, and easily make decisions without thinking. so they will sell bitcoin when the red market comes, it is a bad decision. they are less calm and less patient.