I believe what you say, it's just that the current conditions really match. actually, it's not just bitcoin, but gold and other investments are also dumping quite badly, it's just that the decline in bitcoin is too sudden. This makes me think that there is a possibility of manipulation. however, until now I have not planned to sell my assets to become fiat, I still believe that halving will bring a big increase. Well, when halving happened, I think many people who want to have bitcoin in their wallet.
It might be urgent because of the panic too, so many sell their crypto and dumping also occurs throughout the crypto market, well indeed the global economy is in accordance with crypto, but they can still prevent it and not be too bad in losses so that there are still sticking with stocks they also have security in fiat money so they are waiting for the market to stabilize again.
I do not know whether this huge dump is due to large whale manipulation or because of the effect of this virus because there is no accurate news in my opinion, but overall, all markets are down.