I have had a busy weekend away from the computer and am now wondering what caused the price decline. Can anyone get me up-to-speed on the current situation/cause of price decline? Thanks.
Someone sold some Bitcoin into the bids which moved the price down.
Nobody purchased many Bitcoin directly off the asks which meant the price didn't rise much.
This happened more than once and I suspect it will happen again.
Edit : A lot of people appear to agree with this as there's a load of orders for cheaper Bitcoins sitting between $105 and $106 - these are the people who will be scrambling to sell when $100 breaks as the price continues downwards.