In the first place, the price of Bitcoin is volatile thats why we cannot predict the price if it goes down or rises. But one thing we know is that, unless there are investors and investments in Bitcoin, it will stay on track. Investors are also one of the main reasons why there are ups and downs. When investors sell their assets and others follow when there is a dump and vice versa
This is a not btc condition. I saw all major cryptocurrencies are getting downed due to panic sellers. Anyway btc is first based cryptocurrency and now prices down lot and un predictable.