is it all that is going on with regulations?
Big whales just waiting?
People do not believe in crypto anymore?
is it trouble in some countries in ASIA with laws and regulations?
The downside is normal in every market. I know people are panicking because the bitcoin has gone down so fast. Indeed, whales are controlling the market so that prices do not go down too much. I think the downside is that the dot-com bubble burst. The bitcoin going so fast will be the foundation for a strong downward move. that is the rule

in each trading market , price moves up and down is normall.and we should adapted with this condition.dont againts the flow or we could die in market.in bearish market we could take best opportunity to buy coins in dip.