Below is a decent short article summarizing the current BTC price dynamics and giving a summary assessment regarding whether BTC prices will rise in the near future to meet a potential $300 price point.
http://www.newsbtc.com/2015/10/19/bitcoin-price-technical-analysis-headed-for-300/
By the way, waiting until next week doesn't help you if there is a price movement this week. ..... hahahahahahahahahahahaha
That depends on which way the price moves, doesn't it?
The article, in no way suggests price movement in either direction, it only describes some of the current price dynamics and how we got here, which I believe is a fairly safe assessment.
Also, I believe that part of the point of my earlier post was to highlight the fairly ridiculous premise of earlier assertion that the poster should wait a week in order to decide what to do about his/her bitcoin...
Waiting until next week is all fine and dandy if this week ends up being an uneventful week in bitcoinlandia and full of consolidation-like price activities.
On the other hand, merely because there seems to have been a couple days gravitation towards lower $260s does NOT signify that BTC prices are going to stay in this range throughout this week.
It is possible, that we could experience some consolidation while bears and bulls reassess their positions - yet sometimes it could take only a few extra active and motivated whales to cause the volume to once again increase and the price to move - either way..... especially during the week, when there is a real decent ability to quickly put some fiat onto various exchanges.