It is insane how people got affected by the current FUD caused by some people but I wouldnt be suprise to see bitcoin selling at 3600$ now at Chinese exchanges because it is China that will ban ICO's in their country. Most of those Chinese that dumps now IMO are the ones who ran or participated in ICO's dumping to get their stash out and to convert it into fiat. At least for now we will see the real volume these exchanges have.