the fundamentals didnt change, so i dont see a reason to sell except speculating which i dont have time for
The fundamentals have changed. The cost of the network is sky high, so miners need to dump the 3600 coins mined everyday. At this price that's $750,000/day.
Sorry folks.. that overhead will continue to eat at BTC for years to come. It needs to fall ALOT further until it stops falling.
It did stopped falling like a knife since we are at 210$ and we touched 156$ yesterday. Miners are probably selling a lot of coins but as the price goes up they will sell less coins.