This Bullshit aint the work of an aggregate market.
This is just a few players with the power to defy all time learned principles of market mechanics, in order to deprive the maximum of unsuspecting punters of their USD and Bitcoins, but mostly USD.
This market is fucked.
It is not that it is unpredictable, it just reacts to everything. That is why it is hard to predict sometimes, you need to read movement behind the curtain.
Bitcoin market is sensitive to information that we have a little access to, for example you need to be reading Chinese's news sites and be familiar with global economic trends.