Quote from: nitinator on September 15, 2017, 10:13:09 PM

There were so many media issues that could be attributed to today's rush into bitcoin:
- bombing in UK train
- NKorea firing missiles over Japan

There were also other issues that could have pushed it further down:
- JP Morgan CEO calling it a fraud
- China shutting down exchanges (Although I've read this was because they want further regulation before continuing so this piece of news could be taken either way)

Do you think the dip is done or is today's rally just a bull trap?

Well I think it is done and is already on it's way to stabilize before rising. It will rise or dump more depending on how the market will move in the next 24 hours. That being said, I still thing we will see another bullish market soon because the weak hands have sold all the bitcoins they got now probably. Most Chinese also have unloaded a lot of bitcoin too so probably it will not dump more.