Traders are accumulating, this isn't surprising that those who can pull the price down can buy more to accumulate.
The value of bitcoin was apparently insignificant amount of cents when it was first launched but after the very first transaction by Laszlo Hanyecz by purchasing two pizzas in Jacksonvville with 10,000BTC its price rose by 900% that is from $0.008 to $0.08. Guys don't be deceived by the state of the market because bitcoin can just increased within some few minutes.Don't sell your bitcoins at a cheap price because cryptocurrency transactions and the blockchain is the future for financial systems. I am happy to be among the few ones to know this and all thanks to Satoshi Nakamoto and all the pioneers of blockchain technology.
Of course not, I think everything is being planned by someone who is the biggest person that could start the new bull run, but he or they are waiting for some people to get out of the market first.
Whoever he is or they are, they got to know that there's no one is getting out of the market. Those people who sell are going to come back again later on but more are going to come the fact that financial firms confirms they've invested on BTC and other cryptocurrencies.