This bad news really has damaged things from a TA point of view. I think that if the price doesn't crash, despite breaking significant supports, that it will rally up.
What bad news? (Sorry, I've been away)
Yeah, what bad news?
Most of it:
http://www.washingtonpost.com/blogs/wonkblog/wp/2013/05/31/why-didnt-bitcoin-users-freak-out-in-may/
The Liberty Reserve incident is what likely took out the support, and killed the rally.
I think most of the guys here believe in what BTC is and what it represents. I just see continued buying pressure coming from many, no matter the price. Of course if you have thousands of shares, that might not be true. In that case I'd be working on PR, before the fiat currency (USD, Euro, etc.) collapse. In general, instead of putting extra money into a bank account with a 1% interest rate (which is losing buying power), just put a little here and there back into BTC.
Basically, we need to remind people of this opportunity and keep tabs.
I recommend writing down the following:
Date of recommendation for BTC
Name of person recommended to
Price of BTC on that day.
Then, every year or huge increase after that, you must remind these people (with an adjusted "profit" amount (I quote it, because it's much much more than profit, it's a revolution)...
