I believe we're in the middle of institutional traders taking it all in their hands and decide the direction of the markets and maybe the selloff was to make these type of investors get in at lower while also considering a fact that selling it off in leveraged positions make these SHORTS higher gains compared to those who open long leveraged positions. And since you already predicted $7340 past 8100, let us not forget that BTC already went near $7800 on most exchanges in minutes while this dump took place, so I currently believe that the game has already been played, chaos has been nested in the minds of longs where everyone is scared of taking a long position while it is also advisable to stay away from the markets before we see how and where BTC closes its weekend.