The simplest explanation to this it's because of the market sentiments. More people are actually selling than accumulating. Those you have mentioned maybe some of the reasons, but who knows what significant reasons how bitcoin being priced today, but is it something we really worried of or this could be another opportunity that we are going to miss again?
People are very optimistic for the 6 digit figure, so none of this will matter in the next 5-10 months.