The scariest dumps are the ones where there's no obvious catalyst. BTC has been trading as if some entity is selling off billions on spot (outside of ETFs) lately. Maybe we'll hear about something in the future, maybe not. And yes, there's plenty of arguments to be made why we're going down but a lot of it is just trying to fit the price action to something. Fact is, nothing that's happening now "deserves" this kind of relentless sell off. So there's some big players at work behind the scenes the past few weeks. Good thing is that when it does stop price will also magically start going up without a catalyst. Now we just need patience.