How many Bitcoins are created per day? Is the number still 3600? If so the Bitcoin market still needs $200k+ of new money everyday just to keep Bitcoin stable at current price point.
Shhh don't start injecting reality to people they still think it is possible to go to $10,000. At $266 there needed to be $900,000 per day (someone else's calculation). This would explain why it topped out there.