On the one hand, there's plenty of reason for folks to sell off ahead of a large deepening decline, and the news is just recursive ditherings. *points to chart and news*
On the other, the chart reminds me a WHOLE LOT of the beginning of November, after coming off the ATH and coiling up for an upsurge. *points to chart and news*
Either way, next year we are going to see more massive ATH's. Might I suggest, that before that time (spring '14), many of us consider cold storage, for the sake of Baby Jesus (ahem, I meant the sake of getting some sleep, and reducing stress and BTC LOSS-- no offense to the Believers of Baby Jesus Magick).
I've had no problem sleeping since I missed my chance to sell at 1000-1100 before we found support at 540-630 depending where you traded. Sad I missed out but I'll keep my eyes open, just don't see that happening so close together especially since that drop was helped to go as low as it did.
I doubt we break out of 1000 again this week though, I however enjoy being wrong at times.
I can't help but remain optimistic. When my exchange has a constant back log of verifications, 40-100 processed a day with 60 new coming in a day has kept cavirtex with about 1400 people pending verification.