Looks like it's on the rise. I expect 260-270 as the peak of this rise.
but to me it looks like that we are stuck at this level of price and going to stay at $230 range for a very long time. I think it even can last until next year without any significant change.
I have the feeling we'll see an attempt to break through the $250 level next week. If that's going to happen, we might be sitting there for at least a month without much movement. There is no point in waiting for significant news anymore. It won't do much for the price unless Amazon or another company equally as big announces it will accept Bitcoin payments.
News isn't that much of a factor now. I feel that whales are silently accumulating for a nice push upwards. The market has been boring for a month or so now, it would be pretty nice to see some exciting movements too.