Analysis said that there were likely 2 factors that hinted to the dropped of the bitcoin recently. One of the two factors were that Miners sold quite a large supply of BTC to the market in a short time, and the other one is that because the US dollar is starting to recover from its recent downfall
These are two valid reasons.
The first due to the oversupply of BTC, which for me is due to market manipulation in common agreement between miners and whales.
The second is due to the fact that there are people and corporations that have many interests in the dollar market and they will constantly migrate between BTC and the dollar.
Know that the BC is still in an uptrend, do not despair.
Many say you have to fill a GAP at 9700.