We are officially in a bear market and it might not be that bad for bitcoin and other crypto's since it's going to form a healthy looking chart in the long term.
This Dump happened after the chinese rumors attempting to ban crypto's for the quazillionth time however this might be just their way of getting cheap bitcoin and ethereum because at the time of writing this post the market has recovered quite nicely to$8950 per BTC :)
Thank You Guys For Reading Resteem This Post To Let Your Followers Know That It's Just A Huge Manipulation And It Would Be Unwise If You Panicsell Now And Have A Good Day :)