So... The big plan was to buy back at 1100?
I think there is no big plan - today at least. No reasons, nothing on the horizon, etc, etc, so I think it has to be altcoin profits liquidated in the BTC market (tends to be more liquid than the alt/$ markets). The altcoin sphere picked up a couple billions, so a few big dumps in BTC could be expected.
On the other hand, one would ask for a certain equilibrium - meaning that if altcoins get pumped, then one would also expect BTC buys leveling the field... Seemingly that has not been the case, which means the pumpers already had the BTC. It's the ex-altcoin holders who went for the BTC and then the bank.
So BTC buys alts, those who picked BTC are cashing out. I don't really see anything else here.
The fork FUD is here for a few weeks and didn't affect all that much, and if anything, BU has lost even more credibility the last couple of days due to its low-quality problems (remote exploits). Generally all FUD has had a minor effect, whether it was articles claiming low prices after etf decline, PBOC actions, or fork FUD...
The worst thing with DASH was that one had to use Polo.
