For the time being it is clear that we are in a FUD market. Not that there is a reason for it, people just saw it go down and they got in panic mode and sold and we went down. Of course, there are other reasons, long futures getting liquidated, high leverages turning btc into usdt, and many other stuff like that which all result with bitcoin getting sold mainly and that causes it to go down faster.

However, number one reason is people getting a big scare of the situation when they see the price going down. Of course, it’s temporary, of course we are going to go up again and we will break ATH eventually. We just have to wait a bit longer for it, but there is no doubt about the possibility of it.