I think it was just a coincidence that it was getting stuck at that price. It will move off of that once the price rebounds again.
Eh, it always seems to get stuck at numbers like 420 too. I think some people place buys at those numbers just to laugh at the chart, or think its a lucky number to go in at or something.
The bitcoin price is about $590 at the moment. So it is not stuck at $420. I think it will rise to $600 soon.
Actually price has already surpassed well above 600$ in few exchanger, i think we will soon see 700$ again after one or two month.
That could happen. I did not notice any bad news about the bitcoin at the moment. So the price will rise.
There is no good news either. According to the Core developer plan, the 2MB block size should be implemented last month, nothing happened.
Good news is no price driver anymore. Having said that, I prefer that when the larger blocks update gets released, that it happens when everything is fine and tested. There is no need to rush things. Especially not when it's probably one of the most important updates in the recent years.