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?
I won't do neither of the two unless something forces me to do purchase things via bitcoins online. Though there are several online available there were times that I need to buy clothes or the likes and the size is not exactly estimable as to only small to large I still prefer on this one. If I'm buying gadgets possibly I would spend my bitcoins.