It's an endless story - bitcoin rises and falls, rises and falls, over and over again. I laughed a lot last year, when analysts predicted growth to $ 20,000 for $ 9,000. Now I don't laugh at predictions of 100 or even 300 by the end of the year.
A funny pattern is that Bistcoin falls more than once in the summer and rises in the winter.
However, the current situation comes from two reasons: too sharp growth (bitcoin just rolled back to its natural rate) and Elon fucking Musk.