Did you notice how trade volume of bitcoins increased since the beginning of this year?
What do you think is it the result of hft bots trading more or maybe something like trend reverse is happening?
The current average volume is sitting at just over 57,000btc. It was A LOT higher about last month when it's value was sitting at around $197.
I think the volume caused by bots is fairly large, It should make up at least 5-10% of the volume. It's either that or there's another large whale trying to manipulate the price again.
Hopefully those auctioned off coins weren't bought at a low value and won't be dumped on the exchanges.