Looking as to why bitcoin is down
Don't worry, you'll get used to it. If it's trending down then it's a chance to buy. Just don't sell-off when the price is low. Hold it and you'll be good.
This mentality should be take place inside crypto industry, knowing that the value will bounce back and never to panic when things like this is happening.
I understand that you are looking for some point where explanation can be provided but there's none actual one just a supply and demand pattern, those
who already gain sell and those who's willing to wait will hold and buy more.