I wonder how hard it'll throw down when $90 is broken. It's strange though. The market has proven itself to have considerably more buying power than one would imagine from a dump from $104 to $65 where it sat in the $60s for 2 days.

A purely speculative market.

The biggest problem is the market lacks the natural buying power to move on its own. It needs whales to make real % increase/decreases happen. Though the guy who bought 15k BTC at 80 must be enjoying his $300k right now.