I guess, it is a bull trap which many BTC holders are aware of it, that is why they are still holding their BTC because the price is planning to move to another level to make more institution show interest on BTC. BTC has displayed so many positive results that is making many institution to have interest because they know that it will improve their institution in future. Very soon, those institution don't want to have interest on BTC based on what they heard about BTC that is making them to be scared to have interest on BTC, I think they will surely change their mind when the price of BTC hit higher before the end of this year.