It is actualy because there was to much hype. Possibly around BAKKT. Borrom happened at end of last year at $3000. Then in March price slowly started growing. It is all fine with thta. But price was increasing for full 5 months. What is one of records in Bitcoins 10 years history. And even after that price went mainly sideways and not realy corected. Now corection is due. But that dont mean much. We are not taht high anymore.