I have to say that this is the one of the most stupid explanations about Bitcoin price dump that I've ever heard. Even more than any conspiracy theory.
Realy can't understand how you have found any connection between Bitcoin market situation and muslim religious celebration.
I would realy like to hear explanation how many muslims have sold how much Bitcoin exactly to influence the market to dump the price. Get serious!
If there is a theory and conspiracy in value movements or bitcoin markets. I think irrelevant, bitcoin can survive today not because of theories, conspiracies or religious issues. Bitcoin can still be trusted by the market because of its breakthroughs and the technology it has.