but there are a lot of traders who are panicking and lots of new people are panicking when they see prices fall and they are so frightened that they sell their assets and make the price conditions at the exchange place fall so deep. so actually these traders must be able to hold their assets until the price rises again.
Absolutely right you are. Panic sell highly affect on the price of bitcoin. There are many fake news about bitcoin and for this people are selling bitcoin. But they have hold their coin until the price goes rise again. For supporting bitcoin, we should hold our coin with strong mind.