We are not ready for another rally until several things happen:
1. 20MB blocklimit fork is implemented. The past 24 hours has shown how the combination of delayed block discovery and high transaction volume has been stressing the network with unconfirmed txs. If the network is stressed by ever-increasing tx volume at $250, the unconfirmed tx will cut short any incoming rally.
2. Bitlicense finalized and mailed out. Gemini opens.
3. Ethereum proves itself not a threat to Bitcoin.
i agree with first two points, altho i think rally will come before forking, but this third one got me confused, are u for real or trolling ? noone cares about ethereum, just another pump and dump scam.
cheers