What happened after the $1 barrier was crossed? Bitcoin went up 3300%. That bubble was likely to be caused by BTCS&T, but I don't think the rally up to $5 was a bubble.
if history is an indicator, we'd see continued rises to $75, another strong psychological barrier at $100, and assuming we break through that we'd see rapid price rises (~$300-$500). After so many barriers were broken down, the coins from the weak hands would have moved to stronger hands and we'd see much less resistance. There's no doubt that many people will be cashing out their profits, but bitcoin will get far more media attention and the demand will far outstrip the supply. So, really the sky is the limit, if we break $100.
When
that bubble bursts, expect $80 bitcoins, not single digits.
