I hate to associate the dump with down time of a lot of exchanges. There a lot of buy order cancels during the bounce back. It's a hit on the confident but in no doubt bullish days are ahead of us.
Coinbase said it has 40,000 new customers every day. They will push up the price later.
Sort of a clue from coinbase, I guess they will do something to make the price pump again. I'm confident that there will be some bullish very soon and there are news from different people that it's very possible to see the price of bitcoin at $3,000 - $6,000 so I guess they are already planning to implement this price soon.