Any good conspiracy theorist will notice that the up and down movement usually occur in a $50 fluctuation cycle, and this indicates manipulation and mini pump&dump scenario. There has to be someone behind this, and they are making tons of money because of this. A group of whales on different exchanges could manage to manipulate the price in such a narrow margin, and still make a lot of money. I hope this is not true and normal supply and demand are causing this, but it's just too obvious. ^hmmmmm^
I do believe manipulating Bitcoin with such a small currency value at best is possible. Yes, I have noticed it's growth is within $50-$100. It's just that Bitcoin seems rather intelligent enough to find some kind of way to only make it grow. People said cryptocurrencies weren't possible. Bitcoin proved this incorrect.
This is very true, the bitcoin history is next to impossible back then no one believes that it will rise up but because of the trading exchange platform and many wanted to earn an easy money they embrace w/out foreseen what is happening right now, so predicting how it will stay would also be next to impossible OP.