Dramatic drop in Bitcoin price, what is the reason?

The value of the world's largest cryptocurrency, the yuan, has at one point more than halved since the start of 2022, but for many, bitcoin is still the currency of the future. Freedom from the banking system and its decisions, but why does the price of Bitcoin end up moving up or down dramatically and its prices change so quickly? It's normal for them to see their value go up and down by five to ten percent in a single day, and a dramatic drop like a twenty thousand dollar drop is also normal for some people. The fall in the value of crypto last year is attributed to the covid epidemic. The easing of restrictions caused by the epidemic has led to a drop in the value of crypto