In the past few months, the market has had no new capital, low trading volume and the bad news made the market difficult to grow. Any market that wants to but does not have any reasons, motivation can boost the market. Many factors affecting Bitcoin do not increase the value of it, so this condition can last for a few months.
I think this is pretty accurate. New money was what was driving the price towards the end of last year, all of a sudden everyone wanted in on the hype and was trying to buy up some cryptos. That wave has died down now, people are not talking about it in the same way. Blockchain keeps getting mentioned in marketing circles, but nothing about bitcoin or cryptocurrencies. I think the challenge is, that perhaps people have gotten more educated on the topic and have started to ask themselves why these currencies exist, and for many of the projects I've genuinely no idea.