Is it manipulation? or just not breaking the resistance of 12K Area?
I am shocked of this recent drop and i am a long term holder, what do you think it will happen? just a correction?
Whats wrong with Bitcoin?

I dont see anything wrong with Bitcoin, its simply doing its meant to do, the price will always be going up and down, thats why its called a volatile market and not stable. I know for sure that before you even invested in Bitcoin you already knew that it was volatile like this and price can swing to any direction at anytime like its doing right now, so why are you still surprised that it is happening?
If people can take the profit, they should also be ready to take the loss. Try to have patience and everything will get back to normal, just relax. If you sell your coin now, you can still wake up tomorrow and the price is going back up and you will start regretting why you sold your coins.