This dip as well as November 30%-ish dip were started by Ver and his sockpuppets selling BTC for usd and then usd for bcash. Both campains were explicitly stated by Ver in his tweets explaining how Bitcoin Core was "stolen" from bcash and he will sell all his bitcoins for bcash. They didn't learn the lesson from November that hammering BTC will hammer even harder bcash price. After the downward trend was started the pannic sellers continued to deepen the dip until their cheap BTC were swallowed by the whales waiting to start the next bull run.
well said sir, im also thinking the same way, they can manipulate the price temporarily maybe, but not for long, still there a lot of solid community in the btc core i believed so. by the time this reversal be over btc will skyrocket and will create a new alk time high. in bullish on this one.