No one has a clue about why $BTC is crashing. There are different theories circulating regarding this crash but I found this one most accurate and that is the

“Synthetic float ratio”

SFR measures how much synthetic supply exists compared to the real circulating supply. Synthetic supply doesn’t exist on chain or in reality. It is all on paper such as:

> Perpetual futures open interest

> Options

> Wrapped assets

> Excess lending

So this excess supply caused the price to crash. Same happened with Gold and Silver.