You can trust the Chinese in China to continue buying up the coins and driving up demand.
Yes homie! every time there is a dump I am seeing a huge support. I guess when Americans are taking profits, the Asians are catching that dump. I love it that way, dude... it seems like the Americans doesn't really care how much the entry price is, they are looking at it as a short term investment (i guess).
Whenever someone is dumping we should expect that someone is waiting for that dump and those are the only wise people who does that and I guess you are correct Asians especially Chinese are trying to hoard bitcoin.