Some people wish to hold thier bitcoin, but whenever they see this kind of news, they always panic and sell because the money they invested is not thier money, some of them borrow money to invest and whenever they see this news, they always sell at lost just to cut their lost. Most people in crypto space don’t really understand what cryptocurrency is all about, they don’t know things they should do and once they shouldn’t do whenever they want to invest, that’s why they panic whenever they see this kind of news.
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Investing in bitcoin, not only in bitcoin, it's for any other projects or alts, not only you need the money for it but you also need to be mentally prepared. This kind of mindset could make you lose all of your investments, and especially if those people borrowed money from somewhere. For some poeple, they can never feel at peace when trading with that kind of money, it's not a good thing to borrow money. When the market falls even just a bit, they'll panic and sell at loss. It doesn't give you the guarantee that you're gonna make double or triple the money that they borrowed which could make them borrow some more.
Regarding that kind of news/headlines, for some expert or whales they take it as a good news because they could buy bitcoin at cheaper price, but for the others that kind of news could be their way to be panicked and you could guess where they're heading next.