i think miner just dump that to pay electricity bill , and i dont see big whale ready to pump this price.
sad but true , BTC will drop again below $250 soon but i hope that will not happen
Momentum is a funny thing. When everyone is selling, it causes people to panic and increases the likelihood they will also sell. When people start buying faster than selling again, people will see the price rise and confidence will be restored. But the problem in a free fall is stopping the initial fall and restoring confidence. Perception can be a powerful thing, and right now people are seeing reasons to panic. If you're confident in bitcoin's long-term prospects, now's probably the time to buy.
50% drop in a couple of months... Although the price can go lower, I see a floor forming at $300. Now we have to wait for some serious buying to happen and the price moving in the opposite direction.