Many factors were need to be considered for the reason for this. It can be a normal reaction of the market and many were just taking profits. Remember that this season, many traders or investors are making this move so it is normal for a coin to plummet or dip. It will eventually climb to its range once investors come back in. Bitcoin is also volatile regarding news and many were being affected by FUD. Because of this many were panic selling and regret later on. These news, intentional or not, extremely affects Bitcoin which can be an opportunity to buy or the other way around. Just believe in Bitcoin, you are in good hands.