THE MOTH THEORY:
I don't think there's much rhyme or reason to the BTC price right now.
I don't think there's money to be made by trying to predict when/if/how it'll go up and/or down.
Like a moth against a light bulb, the price is just randomly bopping itself against the all time high, which acts as support/resistance/whatever you want to call it.
Don't day trade...