People are foolishly waiting for btc to correct. It is pretty clear this wont happen for a long long time...
BTW, isn't it the middle of the night in the US ATM? We keep hitting all-time highs. Should bode well for the next 24h.
The most important thing when you consider the price is to keep wishful thinkings away.
Wishful thinking 1: The price will go to the moon in one shot, not possible, as everyone cannot all be a millionaire overnight.
Wishful thinking 2: The price will plunge back to single digits so I can buy thousands, not possible also, as everyone wants to buy low but the supply is limited.
So I think the most possible scenario is the price will stay relatively high (between $70-$150 for example) and rise slowly for years, not high enough to make small time holders rich, but not cheap enough to be considered easily affordable also.