Well, we've seen 450(gox), as a deeper dive was too much downward pressure to be sustained, and investors wanted cheap coins; and, now we've bounced up to 750 (gox)-- just looking at it, we might even get another rounded top, at as high as 830, imo, and then continue our resumed reduction towards a bottom, which we have not found.
All of the previous adoption spikes (not bubbles, because they ended much higher than they started-- important difference) took longer to *unwind* in terms of time, than to *escalate*. QED, we've got a month or two more of this, and after the next big correction, most of that time will be a stagnant sideways crawl, as we begin to repressurize (slowly) in anticipation of big money, smart money, and increased transactions which are already slated for Q2-Q3 of 2014.
Targets: one more drop to 300 or 400, another bounce and then a languishing crawl back to the same bottom by end of winter (just in time for lover's day, here in the states!)
Lastly, this adoption spike (if you subscribe to the reasonable presumption that Bitcoin behaves similarly to a natural phenomenon, an S-curve pathway) has already factored in all of the news, new buyers, legislation, etc. Those who have been made aware of Bitcoin, and can do something about it, or have chosen to do something about it, have already acted. The pressure exceeded the natural price increase! We got a spike!
Edit: In full disclosure, I was full fiat for the last few days (a bear can smell these things), bought the dip at 490 (gox) and am now back to full fiat (749 gox). This 'luck' may color my perspective-- probably, I'm just a much better bear than bull.