I really do believe now that there are big entities trying to push the price even lower while accumulating as many BTC as humanly possible! They know about the future potential of BTC!
Yes i think you could be right there.
I have doing a bit of research on this Whale Club and those guy are making a pretty penny shorting BTC, they wont let the price get too high just yet, they have enough market pull to send the price up close to $300 then short the market and make a killing watching the price go down about $50, there is a trend here and money to be made if you know how to read the market.