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.
I would rather to hold it than to sell it out or convert into fiat. I think the biggest explanation about dropping price of bitcoin is the hard fork of BCH and I think it is the reason. I think the people who already convert their bitcoin now will really have big mistake in the future. 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.