At the moment it is around +3 dollars which makes me feel a bit more happy.
I think that it is the moment now to change the tittle to "yay btc goes ~$280"
just because the price wen't up 3 bucks you think the price may reach $280? at the moment we'll probably stay around $260-$270 for quite some time.
Unlikely that will stay here at this range. It will either go up or down in my opinion but it won't stay at $270 level, that I am sure of!
If prices go up 300+ without staying at 270+ for some times then prices will surely come down because who ever brought less then 250 range they will start booking profits so prices will surely come down but if prices stays at 270 mark for some times and move to 300 mark then prices may not go back to 250 level.
Not if there is some constant buying pressure from somewhere coming that makes us rise more and more. If we hit $300, and then continue to $310, $320 and so on this can turn into a huge run.
I agree though that $300 is a huge psychological level that is sitting there as a mountain for 6 months already. Even when we were dropping, it took us a long time to brake this $300.