This is what makes me lose faith in bitcoin. People are too fickle and will just start selling their coins as soon as they get a whiff of bad news and of course this has a knock on effect and sends everyone pannicking. The only thing I can see pushing the price up the other way is the block halving later this year. Hope I'm not dissapointed but if the value is still fairly low by the start of next year I can't see it rising anytime soon after.