Its a second day and btc not moving.
What are other coins who do daily moves at least 10-20%
Bitcoin have proofed that its useful only to be market indicator but soon it will lose this position also if its not moving you cant use it as market moving indicator anymore.
Why does people always get scared when BTC is going down like this while in past year Bitcoin has made so much progress in terms of price. In July 20, the price was dip at 29k, that's the lowest on this year and after that it regained the strength and pumped again until today. It's pretty much predictable especially at the end of the year where the supply/demand has increased in the meantime and people probably selling some for their needs on holiday.
People always want to see bitcoin increase from time to time and do not ready with the downtrend so they will feel sad if the price is down, especially if the price drops deeper. They do not think that it will always happen to the crypto market and if they can not manage their emotion, maybe cryptocurrency is not for them so they need to think for more to stay in the crypto or leave it as soon as possible. Even if the price is down, it will increase back someday and the downtrend gives us the opportunity to buy many coins that have a big chance to increase higher and give us profit.