Appears we might be headed back to the 220-240 range again.
bitcoin price doesn't look like it can go down to the 220-240 USD range again it has gone up and it is staying up so far. there is no reason for going down.
Some stupid traders panic sold and shorted when they heard karpeles was arrested. In reality such news should have no impact whatsoever on current prices. They sold well below current value... RIP...
it depends. if they somehow manage to seize his stolen coins, then traders directly anticipate on that possibility. but then again, what's worse, him dumping his coins on the market, or his seized coins get auctioned.