As all of the Muslims are withdrawing their money for this Eid which will be on the coming Friday or Saturday the price of bitcoin is reducing. After that none of them will need that money and they will recover their previous portfolio and for that they will buy back their bitcoin which they sold now. The price of bitcoin will rise again. Stay tuned as it is June and the price of bitcoin will boost like a rocket.
That's probably the real reason for bitcoin's price decrease. The most valid reason that makes sense. Same thing happened in 2017 during Chinese new year as well. I was not able to get any proper reason for the current market plunge which made the entire situation more confusing. Really hope this happens.