So you think it was the exchange hack news which made price drop

So you think it was the exchange hack news which made price drop

Bitcoin / Dollar BITFINEX:BTCUSD


Either an exchange being hacked for a tiny tiny percentage of the market cap made 6 month lows for BTC             or something else is going on. This chart is something I believe we have all drawn so I am curious why people are looking at some exchange hack as the reason for the price drop.