anyone buying right now is either completely blind or very bold. sells are only winers here. even if you think the price will moon later your still doing worse then if you were in fiat as it drops.
It's the lowest price of the year. It sounds logical to me that people are looking to buy now.
It is the lowest price so far this year, however I am hoping that it moves lower so I can hopefully have the opportunity to purchase a lot of bitcoin at 2012 levels