So, watching the price of Bitcoin going down, made me think of reasons why this might be happening now.

I saw the news of the Chinese
scam and the coins being liquidated, but that sounds like a lame excuse for the price going down. A better reason might be that people are selling
coins or using coins to buy Xmas gifts. Let's be honest, it is that time of the year and people are going on holiday, so they need to dive into their
Bitcoin hoard to pay for that and also some Xmas gifts.

Are you using your coins to buy Xmas gifts and to pay for your holiday expenses?
It is really a bad time to used my bitcoins to buy gifts to my family members and friends or pay for our holiday expenses this upcoming christmas because bitcoin's price is really down, that is why it is much better to hold my bitcoins until it's price increase next year of 2020.