Bitcoin never breaks first, in every possible trend there is always a correction, it almost touches $ 20k, but it has reached limits that are areas of opportunity, some call it resistance, that have an emotional impact, this added to 70% Of the bitcoins bought by paypal mined, this has contributed to the trend, however, it is necessary to wait, as it is already December and we can expect a greater increase in demand.
Demand of bitcoin will increase more when there is a hype, when the hype is on then we can still expect a new ATH to be hit by next month, but for now, it seems that bitcoin has already dump and it will take another hype for it to rise again.
normal scenario, we have seen this in the past, bitcoin dump after a bullish market and we call it as a correction. it's happening now, hopefully this will not create some big panic from people who have invested during the recent pump.