That's right because the market price is unpredictable and I guess that, every now and then it will fluctuate the bitcoin price either it will up or down, no one really knows. However, this was already expected that there's a market correction right after the continued pump last week.

As far as I know, this major drop was because the people were affected by the FUD and always afraid of losing their money because they are looking to it in a short period of time, not for a long-term investment.