Some one just bought a ton of bitcoin when it fell to $7500. Some one's loss is some ones benefit. I hope it was not government or bank that bought that many bitcoins.
I am sort of worried that if this trend continues then all the money will only in few people's pocket sadly.
Yeah the bit coin prices is only based on a small number of coins that are on the exchanges and are available for sale its not many maybe a few million but the majority of bit coins are held are not for sale. Get as much as you can in three years this will not be the price