Bitcoin going down by such a large amount has ENDED the dream of a lot of serious institutional money investing into Bitcoin. No large institution is going to invest real money into Bitcoin now that it has crashed by more than 66 % in less than a year.
what is forgotton here is that its not a "coming down" from a stable higher number (AKA crash) its actually a correction and stabilisation from going up very high the previous year.
try to remember that the $70k was not the "norm" it was not the stable number that should have remained
the $70k was the premium temporary event, it was not the expectation
the expectation of 2020. was the $20k(based on the events of 2017-18) the $70k in 2021 was the exception..