[Wasn't this expected by most of the speculators and traders.
LOL. It seems everybody now says that here on this forum "this was expected". Yet 2 days ago I didnt read a single post claiming this, quite the contrary, nearly everybody said that $17.000 was a great buying opportunity. You guys are so funny
well you may be new to this so you don't know.
most people don't announce their real speculation publicly. when they expect a drop they take actions, sell for example. they don't run to forums to tell everyone what they expect and risk losing the chance to sell
before others. in fact when they want to sell, they come to forums and tell everyone to buy and say "$17,000 is a great buying opportunity" because they have a sell order there or around that price.
the same is true when they come to forums and tell everyone how they expect price to drop below $10,000. that is because they have buy orders in that area placed and they wish them to be filled.
take a look at OP's post history and check it versus a bitcoin chart and you will see this last paragraph happening each time without exception.