All of these factors you said are true. Volatility is the main problem of Bitcoin, so it is okay to see such a fall in a short period of time. The trade war also slightly affected the fall of Bitcoin. But, i have one question: Is this Bitcoin`s drop critical or not? As for me, it seems like the end of the bull market and the beginning of the bear market and Bitcoin will not be able to recover and get undressed to at least 10k now.
The bear market will end, but we don't know the right time. Bitcoin drop in a few days ago will not be a problem because soon bitcoin will be rise again. I believe that bitcoin can increase higher more than $10k, and bitcoin will make the new highest price again. The fallen of bitcoin price yesterday is only an adjustment that always happens with bitcoin price. So we only need to stay calm, don't panic while we can keep analyzing the chart to find a good price to buy more bitcoin. But we don't know if there is any conspiracy between the whales because we only see that the bitcoin price was down deeper now. It is hard to check for the conspiracy, and I think we need to be patient for a while.