Some Coronavirus lessons costed us too much. Bitcoin believers have been saying that this crypto has a big potential to become a medium of exchange, in fact, we experienced panic selling phenomena. It's so sad 
Why do you think that bitcoin's potential of becoming a medium of exchange is shattered? There is no panic sell happening right at this moment? I don't know for how long you are associated with crypto market, but we have seen far more severe panic selling of cryptos in the past! The current scene is not panic selling, it's called profit booking. Try to track the price movement of bitcoin for 2 weeks, my statement will start making sense!
Yes it already made sense for me . I don't see any rush in sell off contributing to bitcoin drop. In fact, this is not a indrop rather a market wave which I believe will continue until halving come soon.