My interpretation is - "You just shouldn't ask what's holding up the price of bitcoin at the moment."
because.. it's a hoarding old manipulator who has almost run out of flame so he's using any means at his disposal.
oh.. and that's not a mountain he's standing on - it's smoke.
that is pretty much what I had in mind.
one (or a coordinated group?) of the early adopters made a fortune selling part of his pile of coins >20. First he was manipulating to get more coins but now he is protecting the long term upward trend with his walls.
At the moment it looks like a bottom is forming so he and a lot of speculators are eagerly waiting for the price (=toast) to jump and catch it while it is still hot.
Maybe it will, there has been more good news (or less bad news) lately, lets see what will come from the conference.