And that assumes an honest market which now that Wall Street is involved is anybodies guess.
Wait, what?!? How is Wall Street involved in Bitcoin?
They aren't but they are waiting/hoping with baited breath that it fails or gets hacked. Trouble is, the price right now is merely exposing fear and emotion while ignoring that it has not failed or been hacked. THAT is bad news for bears. We're very close to a major buying point. Leveraged longs are starting to build on Bitfinex.
... they're already here, they've been here since July last year. Nobody wants to hear it, Silbert was right they arrived 3-6 months after he said ... it's just that no-one likes the immediate result.