Some people avoid when looking the market current condition dropping drastically and other side they got panic for selling after many bad news sharing,
its depend on experienced how to faced bad news or moment at the market downtrend. Most of us with much experience in trading seems not problem how decreasing or market drop but keep hold it because after correcting moment always has positive way for bitcoin recovery back to higher price.
Some one strong decision for holding their assets but most of trader can't acceptable when market recently drop and want to sell it although have lower price.
The bad news that you see is just a strategy made by whales if they are lucky it becomes viral then people will panic selling and then their next move is to wait for a dip price and you will notice a sudden price reversal.
Whales are never late they are always the first ones on the sudden price movement changes and retailers are always late.
Look at the current BTC price once the liquidation sweep is done maybe whales will dump BTC if it fails to break the $73k once they dump we will see a massive price drop and later bad news will come to keep the price at a bearish trend whales will wait again which is a cycle.
however, don't forget that this is not the last price of Bitcoin we didn't see the $100k level yet which is what we speculate before according to old price structure.