I think lots of seasoned traders expect this kind of market activity from the high volatility market of Bitcoin. It isn't a surprise that the price if bitcoin will crash this fast in the market. It had happened before so it is not surprising anymore.
I think the people that will feel disappointed about the Bitcoin price are people who don't understand the market but the market crash didn't happen fast and you'll agree with me if you know that Bitcoin also starts a bullish market early.
I think we are nearing the latter part of the cycle. Even Bob Loukas said that the 4-year cycle of Bitcoin is coming to an end and a possible transition of the this 4-year cycle may happen somewhere between 2022-2023.
Always DYOR and don't rely upon what this influence said. The 4years cycle is not near the latter and according to my research after this bear, altcoin season will start, and after that is Bitcoin season aka halving effect market.