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June 03, 2013, 12:29:10 PM



I interpret that as it's going to edge between 122-123 by the end of the day, with little resistance to a full rebound to 128-130 as cash starts flowing in towards the end of the week!

Those big sellers haven't bought back in yet. I wonder if they've not finished selling, and they're waiting for your prediction to come true before mega-dumping again, or that they have finished selling and they're anticipating some further downtrend before buying back in again. Or, they're really cashing out, and there are more like them to follow for similar reasons (fincen vs illegitimate business etc). Either way, I'd expect us to be testing 115 again within a week or two.

Expect a test of 100 rather.

This. The test of $115 will happen muuuuuuuch earlier than "within a week or two".

Fasten your seatbelts, gentlemen. The post-crash upwards trend was officially broken yesterday.

I don't deny what you say happens (and I promise to buy more BTC's then ;-)
But, even though we may have broken and uptrend line, we are still sitting nicely on the support we have created since the first week of this month. Stranger things have happened.