~snip~
Yes, there will be no possibility for another dump after reaching $1000 price levels. If we closely watch market movements, unlike last time, bitcoin prices are rallying very strongly toward those 4 digit magic levels. Maybe some $10 to $25 bull back will be possible due to profit booking but market will bounce back for sure due to its slow and steady nature.
This is what I am expecting also. That is why I am closely monitoring the price right now since it very near 1000$. Once it hit my target price, I will sell some bitcoins and wait for it to fall back down again to less than 900 before I buy some bitcoin back. I hope this strategy works for me.
988 US Dollars confirmed in Bitstamp as of less than 10 minutes ago. We are now heading towards $1000, it is a matter of mere hours, unless the sub $1000 resistance presents any problems, if not, then we are heading towards all time high again, and this time, the chinese can't crash the market again, they know that if they do that too often, it will show that their FUD statements are useless. They are increasingly weaker, bitcoin keeps climbing and just doesnt give a fuck.
They may not crash the market but they can still cause the price to fall significantly.
