I think price didn't rise since last few days in fact it started to drop so majority of users would have panic and started to sell their coins thinking that price may go even lower in next few days.
i doubt that any bitcoin user is panicking just because the price didn't rise. this as Lauda has explained above is just market manipulation by whales. they dump some coins to create a dip and then the other day-traders join in to be able to buy at the bottom so that makes it bigger and bigger until we reach the bottom and then everybody buys back again at cheaper prices and in the meantime newbies who panicked are losing money.
i heard people already predicted that bitcoin price will going down right before halving, and maybe that is only manipulation so some big player can get bitcoin in cheap price, let's just wait when halving come, they gonna raise the price or not