There are a lot of investors who bought in with borrowed money and credit cards...Those who are panicking are increasing the selling pressure creating a wait and see attitude about buying. Lots of FUD spreading also lowering buying and causing more panic selling.
Meanwhile lightning network quietly surpassed 1000 nodes and more of the crypto infrastructure is being laid out. Samsung getting into making chips, Blockchains LLC and their 60,000 acres in Nevada...this space is BOOMING so just wait. Most people still have never heard of bitcoin and the majority of those who have have no idea what it is...just accumulate and HODL
RE: When Bitcoin falls, people panic. I'll explain what is happening, and why it's good.