Why did Bitcoin go down in value so fast?

Just a price correction simple as this
u think btc value is 20k?
i dont think so
we have long time coin become so powerfull
CHILL

Because Bitcoin is easy for everyone:
Lie for a bit .....

no one knows.

but now its going back up again..
HODL

It was super overhype and amateur invests piled money into it, and freaked out when bad new caused a dip. FOMO and weak hands basically.

I guess it will come back up sky rocketing to the sky :D Don't worry

because governments are being afraid of it and thus making any possible thing to attack it
y