These dumps keeps coming day after day, btc holding "OK" so far, but is this still all about china? or are we now in the long bear market since 5000 usd?
edit: also people keep talking about this being the best time to buy when prices are low, but in a free market, the concept of "best time" and "low" are relative.
anyone putting absolute bottom below 2200?
Reversion to the mean as far as volatility goes. Bitcoin was extraordinarily stable for an extraordinarily long time by Bitcoin standards. I wouldn't characterize the selling going on as "dumping" unless it's heavy and sustained. What we've seen thus far is people trading in the volatility not dumping and staying away.