Well I think its getting bearish due to lots of fud news this week. From Mt. Gox distribution to US infrastructure bill passed this week added by Evergrande's effect last week. But nonetheless, it's November and it is the most bullish month according to datas. Market could probably go down a bit from here but will surely recover within the incoming weeks and if I am correct with my calculations, BTC could go to 72K mark.
How did you calculate 72k? Not 73 or 70?
Since October, the only thing Bitcoin did was growing. This price decrease was expected imo. We have updated ATH. Sooner or later todays situation must have happened. It is even good that this happened today, and not closer to Christmas, as as usually, people would have panicked and the price would go even more. I am already seeing this explanations "people are withdrawing to buy xmas presents, that is why the price goes down".