With the value of the cryptocurrency market declining from $2.34 trillion to $2.20 trillion, crypto bulls are starting to lose control. After massive multi-million dollar liquidations in the past few days, an additional $470 million has been liquidated. Bitcoin's price fell to $57,000 on Wednesday, down 9% in 24 hours and 13% in a week. The Cryptocurrency Fear and Greed Index also dropped from 67 (Greedy) to 54 (Neutral) in one day. Investors expect the price of BTC to fall further to $47,000. How did this happen?