Those drops had understandable reasons and actually had quick rebounds. But this current drop is psychologically worse because people see that most of the news is good but the price is dropping for no good reason. Those early drops made BTC look strong because of the support. This drop makes the BTC community look weak.
If one feels the news is good and also feels the price is dropping for "no good reason", then one logically should be buying coins while the market is being illogical.
With all the high exposure brands accepting Bitcoin recently, I have a hard time seeing bitcoin as weak, but rather customers and merchants recognizing Bitcoin's
strength