people start understanding that paying 0.001 of a currency isn't suitable for everyday use. a lot of people panic selling at even the slightest drop because they have no idea how to hold.
I don't see bitcoin as a viable currency, however, I see it rather as the base of new(-ish) altcoins that are far more interesting in daily usage than the starting point that was bitcoin.
because bitcoin is a gold, but gold dont needed for investors who have many millions --> investors are dont interested of bitcoin and bitcoin has not get money --> bitcoin down