Bitcoin is volatile, and can easily rise and crash without good/bad news. We can think of reasons and speculate on why prices move such directions, but there's really no way to know for sure.
As a Legendary member that has been here since 2014, you should probably know this by now.
As a Legendary member that has been here since 2014, you should probably know this by now.
He did know but what he is trying to do is get opinion and trying to rationalise by giving reasons as to why a new downward trend is being witnessed at this time which coincide with black Friday sickness.
I see a slight drop in the price in the last couple of days and that made me think, why this might happen now. 
My best
guess is that a lot of people might be converting bitcoins to fiat to enable them to buy cheap goods at retailers that are not
offering Bitcoin payments. Will you also cash out some bitcoins to shop at Walmart or Amazon or whatever retailer you shop
at, that are giving these massive discounts? This will surely explain the drop in the price, a week before Black Friday
starts.
I see no other major announcement that would explain the recent drop in the price.
My best guess is that a lot of people might be converting bitcoins to fiat to enable them to buy cheap goods at retailers that are not
offering Bitcoin payments. Will you also cash out some bitcoins to shop at Walmart or Amazon or whatever retailer you shop
at, that are giving these massive discounts? This will surely explain the drop in the price, a week before Black Friday
starts.
I see no other major announcement that would explain the recent drop in the price.
I won't want to believe that someone who probably bought at an higher price would now sell because of Amazon price slash when you know that when the market recovers even if the price of that particular good should double, you can afford it conveniently. The like reason is because of the volatility happening in the market and every explanation would only work as a result of timing alignment.