Are you honestly suggesting that at absolutely no point in time, any large institutions which were investing in bitcoin looked at the price charts prior to the last year and realized that bitcoin is prone to big swings in price? In among the entire investing arms of firms like MicroStrategy, Grayscale, Tesla, Galaxy, Voyager, Square, and countless others, there wasn't a single employee which knew that bitcoin sometimes goes down in price? Not a single person which clicked on Coinmarketcap and said "Hey boss, look at this chart." This is an insane suggestion, even more insane than all the Peter Schiff nonsense you parrot without a second though.

This dip is a boon for institutions. If they were buying at $60k, then they are definitely buying at $20k. And all the newbies panic selling are the ones handing their hard earned bitcoin over to these institutions at discounted rates.