More and more voices are telling that currently Bitcoin is oversold, which is an unnatural situation.
Sadly this is a self perpetuating situation. Miners are forced to sell more and more of their coins as the price goes down, so they can fund their mining operations, so it keeps the price low in situations like this. When the price is up, miners can hold more of the coins as profit. Last time it took 3 years for everything to get better. It's time once again for us to wait.