I believe the price of bitcoin will make a lower low.
The problem is that may be the "price" on the exchanges, but you can't really acquire any bitcoin at those prices.
As in, buying bitcoin on the exchange and getting it off the exchange are two very different things.
Further, if you buy it from an actual person, there mark up will probably be very high.
Quantities exchanged and exchanges does not add up. Too much volume. So, either a lot of people are trading it back and forth, or there is a lot of "made up" bitcoin.
This leads to one really big problem. When the price of bitcoin starts skyrocketing, the exchanges that do not have enough bitcoin will... suddenly be hacked. (just like MtGox)
So, it is of paramount importance to get your bitcoin into your personal wallets.
And, the price you see, may not be the price you pay.
And the price you see will be going lower.
What do you mean it does not add up? I guarantee you there are tons of automated trading programs out there flipping in and out of bitcoin all day long, which might make it look like the supply is bigger than it should be.