This dump wasn't very much surprising..  Failure of BTC to close above 4350 was a bearish sign. And closing below the previous swing low .. Price is currently trying to get back in range.. Failure to have a daily close above 3430 wouldn't be good for bulls. Also, there are less buyers, you can see it by the declining volume. Think most of the reason we stopped dumping was people taking profits off their shorts and rnot bulls stepping to buy.