what the hell is going on?
any bad news?
Contrary to popular belief the news has almost nothing to do with the bitcoin price.
It is all about the technicals (like overbought and oversold). People make a lot of money in this market. They decide what is about to happen next.
Also, you have to consider who is pushing the news at specific times. I'm pretty confident there is an agenda behind almost everything published by coindesk for example.