OP. Have you found the answer to why Bitcoin dumping?
Your topic was Bitcoin price $17K and you asked why. Now the Bitcoin price has reached a multiple of 2 of the price you questioned. I wonder why?
Then before the price of Bitcoin was $17K, what was the price of Bitcoin many years ago. The question arises again, why?
Maybe OP only has one question in his head so he can only ask about dumping here and never thought about why the price of Bitcoin could increase at the beginning of the year or when Bitcoin created a new ATH in 2021. Even though OP could find this answer himself by think about why Bitcoin after dumping can increase again so there's no need to bother looking for answers about that one question to many people here even though it's also not wrong to do so.
If the current Bitcoin price is $24,400, don't be surprised when one day the price returns to a multiple of 2 and don't panic when a new ATH price appears. That's Bitcoin.
Maybe one day he will ask again why Bitcoin can create new ATH again after the price has decreased. But whether you realize it or not, so far I have very rarely found questions about why Bitcoin can go up or increase after a decline has happened to it.