There's a rumour the Bank of China has demanded all Chinese exchanges close their trading accounts by April 15. Not confirmed, but that's how speculation goes.
Just touched $410, another statement released from huobi are we due for another $100+ pump yet if there isn't a big drop?
I saw it as it was happening but didn't take any screen shots. A few hours ago there was roughly $3m in bids between the price going below $400 now there is only about a $1m The US will be waking up in a few hours.
The rises and falls in BTC are news driven. Turns out every "rumour" about a crackdown on BTC in the past has later turned out to be true, see my last post in this thread.