It's definitely because now that too many people know about and they keep buying bitcoins to store for an increase of its price knowing it keeps dropping back and forth. We went pass $5000 only back to $3900 and futher down, what the hell.
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Have you heard about the ICO ban in china?
No I haven't, I didn't even know it was banned. China is one of those countries you can.ot trust while investing with them in Bitcoins and Altcoins, They create so many hassals to keep you from withdrawaling or depositing.
You need to read this and see how it affects you: https://steemit.com/crypto-news/@brokecollegegrad/china-banning-icos-price-crashes-btc-at-usd20k-in-3-years-9-14-17-your-daily-hash @jonasthomas