I am used to seeing Bitcoin go down drastically and I bet anyone who had been following it does so. Then, it just goes back up with unexplained events.
If you have been through those times, this is nothing.
Its just a matter of a few tweets from some influential people like Elon Musk for bitcoin to go down or up in price. A tweet in support and the price goes up and vice versa.
Demand and supply moves the market. many years back no one believed bitcoin will make an ATH of $1k not to talk of how much value bitcoin has added. january and febuary are mostly bearish so i don't think there is a cause to panic
Referring to the 10k BTC pizza scene, no one would have believed either that a person could actually buy 2 pizza for 10k BTC. No one could have actually thought that the price would rise to such an extent that buying a whole bitcoin could not be possible for the general population and even now bitcoin is still a child and still a lot of growth is happening. But the market suggests the otherwise and is only going down from the start of this year and from what I have seen, the crypto market as a whole should at least be in a bear market for at least the first half of 2022.