Meh... I would include the LR news as a non-event for the Bitcoin price.
I saw it as an innocuous event, but I belatedly realized that others wouldn't, and that it was a time to sell and buy back lower. And if others thought the same as I, and if they thought others would act on this same knowledge, then all the more reason to sell, and that would only contribute to the downward pressure.
If a market is bias upward, and the price breaks support without crashing significantly, then that means it's likely to rebound strongly.
Many bitcoin forecasters anticipated a large rally before the 25th, which was pushed down, and what's pushed down can hold a lot of unspent energy, like a coiled spring