I think some try to read too much into this, it's just big players trying to manipulate the market to their advantage. There is no reason to get wet dreams about $50 already, bitcoin does whatever the fuck it wants. Perhaps tomorrow it will rally up to $140. At least that sounds more likely than seeing $50 again just because some whales had a pillow fight just now. 

That's what scares me the most. The amount of people who can't wait for the price to drop to 50. Their greed is more important to them than the coin surviving at all.
I doubt they even realize how very bad a drop to 50 right now would be.
Wrong, a sell off down to $50 assuming it held would make a triple bottom and would form a good basis for going up from there.
If only it wouldn't go up so fast.
Remember the price was $50 only a few weeks ago.
You are seriously saying a crash to 50 at this point wouldn't cause massive loss in confidence? You are joking right?
Yes. No joke.
Look it up - 'triple bottom'
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This pattern is considered to be a very reliable indication that the downtrend has reversed and that the new trend is in the upward direction.