This drop in the price are based on confusion between Bitcoin and Bitcoin Cash.

The average Crypto currency speculator does not understand the technical difference between Bitcoin and Bitcoin Cash. They read in mainstream media about a Bitcoin war and they think it is happening in Bitcoin
The Bitcoin Cash fork has absolutely nothing to do with Bitcoin , but these stupid speculators does not understand that, so they run for the hills at the slightest indication of possible instability.
The fork and the war is applicable to
Bitcoin Cash not Bitcoin BTC!!!!!!!!!!!!!!!!!!!!!!!!!!
Lol. Yeah since i don't see any major event that could have possibly dragged btc down aside from that. It's quite common that people who have limited knowledge about btc can mistake it for bch and it already happened before. And that reason is why i also think this decline will not be for long.