I really love this perspective... it just goes to show, even at $3.9, almost half of the voters didn't think it was going to break through.
And now here we are at $90 with many people freaking out again, feeling the same way...
Human behavior never ceases to repeat itself lol
See you all again at a $1000
Agree. Everyone seems to be expecting a big correction at $100. So I'm thinking that instead, we'll cut right through $100 and overshoot substantially, with subsequent retests never going back into 2 digits. Similar to what happened at the dreaded $31.9.
If there's going to be a meaningful top, I don't think it can happpen until services such as Gox or Coinbase clear all backlog wrt. coin stock and verification queues. Those pending buyers will absorb any upcoming supply from profit takers, for at least a couple of more months.