The amount of BTC being offered for sale at 5.25 is just staggering. It truly dwarfs the amount of
money wanting into BTC.
money wanting into BTC.
Current Mt. Gox market depth
Wow. That's new in the last few hours. It looks like people got up today, checked the prices, and panicked.
(Yes, there will probably be some rebound, but in the last three months, the rebound never entirely recovered the previous drop.)