is it possible to experience a milder form of ppd after a mc?

Nyc
Just had mc at 8-9 weeks. I've had three other mc in past year but this was furthest along and most painful/ bleeding of all. Have major depression now a week later and wondering if this could be because of the hormone crash? I'm upset about losing it but if it never happens have made my peace so not upset about mc though lots of other unrelated bad things happening so timing sucked. Hcg was down to 47 yesterday. So is the hormone thing possible medically or is it just me not coping well?