Ok if we breach 78, it will likely resume downtrend for a time, but I think we will not see 78 again.
I hate it when you say "we will not see $xx again" because when you do we ALWAYS see that number again and it usually doesn't take long after you say it. If you really think so, what a valuable advice! Sell 33% of your bitcoins if the price is above the floor and buy them back when we see it.
If we cross 110, we could see a minirally. But bid depth above 95 is anemic, $2m. When I went to sleep not that long ago, it was $2m above 105.
Bitcoin is wonderful, because it seems that it is always about the right price. It can always go down as well as up, and you can never be sure. Of course, long term it seems to be going up. Only way to trade profitably is to buy low and sell high. It takes skill to know which number is low and which is high.
I do agree with you there. I hear a lot of people who say oh it crashed, that's that internet money that just crashed. Yes it skyrocketed, and then corrected however it has constantly been correcting to new highs. This started in the $30 range and now we are hoping for dips to $90. you tell me a stock where I can see these gains (with exception of penny pumps) in this short of time? I love bitcoin and as the CEO of paypal stated "Virtual currency is here to stay" and we are at the forefront. That makes me smile.
Nothing all weekend and then pure madness. I'm physically drained. 
