It's certainly lower than the running average for the past month.
Which is just as arbitrary. Those who want to believe that the price is falling choose arbitrary starting points to prove their point. It is just as possible to choose arbitrary starting points to disprove the point. How is it doing when compared to 24 hour running average?
Sorry, that's my bad. I applied my knowledge of the recent drop to infer context for OP's question. I also assumed everybody else lived in the same world.
It sounds like you're rationalizing.
As are you.
This doesn't make sense. Objectively, Bitcoin is down from its RECENT rolling average. Your 1 year/24 hour/year-to-date seemed to be biased in Bitcoin's favor, which is why I suggested it was rationalizing.