what would be the reason for this fall?
FED can do this by more monetary tightening. They are doing this since 60k from last year.remember that even the pandemic did not hurt bitcoin that hard back in 2020
The moment the market started collapsing soon after pandemic got viral throughout the countries worldwide, FED started printing more to save the economy in 2020. Hence, the markets rebounded very smoothly despite the covid attack. But this time, FED is on a different mood, they dont care about the stocks for 2023 as JPoW indirectly said this in his previous speech. 