yahoo and google finance, expedia, overstock, direct tv, mit new bitcoin atm, rumor exchanges
price is currenctly sub 640 (may change in a few hours). Last week was 680 and 700 was expected this week.
Is this just a cooling off period and will something happen (and what else do we need?)
Markets are governed by speculator and trader psychology. We have just had a massive rise and everyone knows that the leveraged longs on the likes of Bitfinex are still maxed out. Would you plunge 10 Million USD into Bitcoin right now under these conditions and have all the leveraged longs cash out on your ass when Bitcoin hits $710 on the back of your investment, sending Bitcoin right back down to below the price that you first bought in at?
