As the price drops, there is no shortage for bitcoin bashers to pass different comments and media misinterpret official statements from governments and many more events have eventually led to the fall in prices.

I'm pretty sure the media do it on purpose. None of it is random. Reason may be they want to get in on bitcoin or crypto. Perhaps they want some institution holds all their money.

I've met several people anxious to invest in bitcoin for $100. If they had followed my recommendation they'd all be millionaires now. People are fearful of what they don't understand and follow the crowd.