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.
Are you serious ? bitcoin price speculation has nothing to do with regional festivals around the world ! it depends mainly on developments , adaptation and many other factors .for example if gulf countries legalize bitcoin as main currency to be used between those countries will increase demand and the price moon fast .