Come on Bitcoin price, hurry and fall to $100, I want to get more before the
inevitable spike in 2015!
We
haven't even come close to the 2014 low yet...
Those are two WILD assumptions there buddy...
Well we haven't been in the 200s since the 2014 low of $275 back in October 4th, so not an assumption but fact:
As for inevitable spike, we haven't reached a new 52 week low for awhile, so either 2015 is going to be worst than 2014 or it'll be very very good.
Coin flip, really.
The rebound from that $275 low was very, very quick.
Not many long term investors had an opportunity to benefit from such prices.
Current glut provides excellent buying opportunities.