We're probably going to see an acceleration of attempts to take profit and/or increase positions since the short term price is clearly trending down now. I think we'll see an over correction into the 5s and maybe below that before the price goes any higher. And, again, I still think we've already seen the 2012 high.
It's sunday. More funds will be transfered into the exchanges tomorrow. I was expecting a drop down to 5.70 this weekend, but the 30.000 BTC buy order on friday night slowed down the price fall. Now I guess the price will be > $7.00 on tuesday or wednesday.