Bitcoin has dumped by $800 in last 7 days after climbing by $2000 in last 15 days. So, the current dump we're seeing is a healthy correction in the market and somewhat necessary as well.
Although, the next movement of Bitcoin will be highly crucial for current trend. Bitcoin, as we all know, is highly manipulative. So, only invest what you can afford to lose in crypto market. When do you think Bitcoin could hit $20K?
The reason may be is that the newbies easily believe to what others are saying. Many of the cowards (those people who sells there bitcoin, during bitcoin's market down) are pulling the bitcoin downward. But as per the real virtual world there are kore companies who started investing in bitcoin and this may be the reason of bitcoin's boost. But we can not really predict what will be going on next. We must believe to the power of bitcoin.