This is a contributing factor to the price going lower, panic selling. Everyone is becoming uncertain about the market so they panic and sell everything, it might not seem like much but if 15-20% of everyone investing in crypto were to panic sell the decrease in volume and also the value of the coin decreases significantly. Crypto is a long term game, you have to remember this time last year everyone was saying that bitcoin is dead because it was trading at $2,000! These calls from all the big investors are only short term scenarios... bitcoin will reach all time highs by year end.