"Good morning Bitcoinland.
Seems we're having another quiet weekend with a slight rise... currently $8305USD/$10479CAD (Bitcoinaverage).
Last week instead of a Monday rise we had a dip but it was wiped out by a healthy recovery a few days later. Let's see what this week brings.
Many are predicting a major rally after the USA tax date this week but I'm not so sure any single country has that much influence, at least not in the short term. Even major events like Japan officially legalizing Bitcoin take some time to digest. Response to negative events happens much more quickly due to the opportunity to shake out weaklings with well-orchestrated panics.
That said, I think it's reasonable to expect 5 digits by the end of April or early May and $12.5k by the end of May.
Then? Watch out.
Go Bitcoin go."
