I hope we'll be back at $290 by this time next Sunday. It would be so great to see the price recover from such a medium crash. It would show a lot of resilience and continued trust in the uptrend.
It is not a crash to start with. Any crash, at least in terms of definition that is used in stock markets, means at least 20% correction. That is back to sub $230 levels. Have we seen that? No. That news about the site used for laundering drug dealing money is not to make much harm now. First, it is not the first news of that kind. Second, we are currently reversing the down trend and some late bears want to effortlessly keep the price down. therefore you see such news now.