Well to me BTC is a high volatile asset, that can fluctuate in price over a short period of time...
If you were in this industry before 2018, you won't be seeing Bitcoin as a "high volatile asset" now. To the best of my perspicacity, I think Bitcoin shouldn't be seen that way now. It can stay days without moving $3k in a particular direction this day, except in a few instances. In the past, Bitcoin would go more than $5k on daily basis in unpredictable direction.
As for those who panic and sell off whenever Bitcoin dips, they will have themselves to blame because the dip is just a phase of correction. Corrections are necessary for a healthy market. Market will bounce back.