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i don't really see where anyone sees an "uptrend" except for they think "it must happen because it happened before". honestly that is all i seem to get out of people.
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http://www.investopedia.com/terms/u/uptrend.asp
Definition of 'Uptrend'
A formal uptrend is when each successive peak and trough is higher than the ones found earlier in the trend.
![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.investopedia.com%2Finv%2Fdictionary%2Fterms%2Fuptrendnumbers.gif&t=671&c=eSTcNKJTQykDww)
As long as BTC stays above $50 then we are still pointing up (a very reliable price analyst mentioned yesterday 205 as their projected low which is comfortably above 50)
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ffarm4.staticflickr.com%2F3900%2F14788509267_8c29675dba_c.jpg&t=671&c=fKenGjuD7lLWWg)
https://bitcointalksearch.org/topic/m.8445665