Now, since we're really talking about the volume here and why it's low?
Low volume is a bear signal. Why? Because buyers drive markets. And buyers drive volume. I repeat - buyers drive markets, not sellers! It means, less people are putting money into bitcoin. Sure, less people are selling also, but sellers can only have one effect on the price, to move it downwards. If the lack of buyers (as evidenced by low volumes) continues, you're going to see holders of bitcoins becoming more and more nervous and eventually selling off coins, which will cause a price downtrend, which will equally bring more sellers to market.
A low volume at this stage is a bear sign. Unless bitcoin can bring new money into the market, if low volumes continue we're going to see a continued downwards movement in the price.
Depends on how you look at the market.
A low volume at this stage is a bear sign. Unless dollars can bring new bitcoins into the market, if low volumes continue we're going to see a renewed downwards movement in the price. Dollars dropped to about 3.8 mB before rebounding and after weeks of high volatility they have stabilized at about the current rate of 8.7 mB.
You are right, buyers drive markets. If the people who are holding bitcoins do not want to use them to buy dollars, then people will have to start offering more dollars to get those bitcoins.