250 was very obvious, i get excited when we are above 260 and above 340
Surely in the past 10 months, we have spent more time below $250 as compared to above $250, but also in the past 10 months we have experienced two significant and price surges into the upper $200s... therefore, probably there will be NO real objective rationale to get excited, until prices go into the $300s and mostly stay above $300.
I am in agreement, more or less that experiencing prices above $340 would probably cause considerable excitement, and may even cause a lot of us to conclude that we have left the $200s forever... if such a thing is even possible anymore...
YES>>>>> we are likely going to leave this $200 price territory, it is just a matter of when.... within the next two weeks does NOT seem very likely, but maybe after the fed auction... and maybe after the December scaleability meeting, there may be more developments that allow BTC to leave te $200s for good?
If we get into the mid-$300s and even into the $400s, then likely even some of the bears will be converting into BTC bulls.