What I see is every time there is a potential crash, we end up with huge buying support and it gets arrested. Sure 30-40% correction is heavy, but its surprising just how much money is sat on the sidelines waiting to pick up "cheap" coin. (discarding any theories about it being the same person trying to buy back in cheaper). So I'm not sure a crash is all that likely (plus everyone is expecting it to happen which is always the best contrarian indicator of anything) just watch what happens to PM's if/when the fed taper happens - everyone expects them to selloff, and maybe there will be a head fake, but I will (and am) putting my money on the opposite happening.
So, there could be a long slow slide like a bit like the one from 32 (but never exactly the same!) or maybe just trading sideways.
Some would say thats good as it gives BTC a breather for infrastructure, some say its bad because OMG I SHOULD HAVE SOLD.
I don't really think it makes much difference either way, I think BTC is more like an oil tanker than a rocket to the moon. Any parabolic rises on the way are just corrections from an oversold position
[sentiment: Holding for the longest time]
