It only fell to 105, and shot back to 190 within minutes. People started buying the cheap coins like crazy. Does not this promise well for the future of BTC?
No. A 50%+ crash in a couple of hours does not bode well for bitcoin, even if there is a full or partial price recovery.
As a side note, I was saying the same thing about the 20%+ swings a couple weeks ago....the volatility is getting worse.