1) Conspiracy
2) Selection Bias
3) Your timezone is off the most active trading times of the market

Pick one. Or maybe all.

Definitely, we can see about that again in 2014 or 2015. Hopefully.

This has never been a billion dollar market to begin with. Triple digit, billion, those are things of a faint past.

Hopefully at least some ASIC miners were able to take advantage of this brief donation.

You just know that there are several people with 10-20k BTC each hovering with their cursor over the sell button before their profits are eroded.

Look at this daily candle's wick (not closed yet though). The Great Dollar Extraction is on.

I apologize to all the people who have been tricked into panic buying and are now making up stories how Bitcoin is worth well north of triple digits and going into denial mode again.

No more triple digits for 2013. Enjoy your double digit coins.

Remember, $99 coins are expensive and $101 coins are cheap.

After this week, I'm not sure we will see triple digits in 2013 again.

Goodbye, triple digits. See you 2015.

Hope is the prerequisite for despair.

Check out what we did in 2011 after a bounce from 5.74 to 12.1. That's more than a doubling.

In 2011, we rallied off 5.74 to over 12 in a massive bull trap before we descended to 2. So why not.

That "prediction" was already invalidated briefly after it was made I remember. I should probably modify it to "No more sustained triple digits in 2013" whereas sustained could refer to either time (maybe 2 weeks?) or volume. I honestly don't see us trading above 100 for anything more than a spike.

Triple digits is a thing of the past.

Weak hands are those who fail to hold on to their USD.

Well done.

There we go, 61.8% retrace. Plus, the recent negative sentiment is all cleared. You guys think we will be able to sustain triple digits in 2013? Suit yourselves.

You know what time it is? Time for the next wave of millionaires to extract their filthy fiat dollars.

Thanks Maged, always good to hear your opinion.

I'm not sure how long it will take, but generally I don't think we are going to reverse before around Halloween. Either way, before we make a bottom <50 on high volume (capitulation), we're not done yet in my view.

We're tracing out yet another bull trap right now to clear off the negative sentiment that has built, and then we're ripe to go down and challenge 50 imo.

Why Friday? Bull traps can take a long time and they can be quite violent. Typical 61.8 fib retracement is in the high 80s alone.

My point is that at the end, the bulls declare victory and then it goes on to make new lows.

Furthermore, I don't short Bitcoin and I don't trade actively. There's not really anything to laugh at since I could care less about the wiggles in between.

Good job on overcoming your bias then, enjoy the ride until we hit capitulation station.

WTF, you're bearish?

Bull traps are guaranteed. Watch as sentiment reverses as the pigs buy in and get slaughtered.