Phew, glad i sold at 0.0138 and made up for my losses yesterday. Over 400 BTC just been dumped, back down to under 0.0120 and dropping.
It's not dropping. The 4 hour chart correction which has taken place over the last 2 and a half days is coming to a close. Momentum is starting to develop to the upside again.
All that happened was some whale hawks who appear to be pouring over the same charts panicked when it started to turn around and put in some massive early buys (about an hour ago) that drove the price straight back to 14. Since they were a bit ahead of the curve with their buys, the market's continuing to consolidate at the pace it was and has added 0.0015 BTC to the 0.01 we were trading at just prior to those panic buys.