Quote from: freedomno1 on November 06, 2015, 06:33:14 AM

Quote from: Miracal on November 06, 2015, 06:21:19 AM

Quote from: SmoothCurves on November 05, 2015, 07:14:41 PM

13k is chump change. This is the start of the most epic bull run in bitcoin's history. This is going to end up north of 100k usd per Bitcoin.

True. A steady bull run is obvious with the graph shown. I believe the trend will continue up and we should not panic yet about the bubble burst. Things are looking very positive now.

A pullback is a healthy sign of a sustainable rally though, having it pop up rapidly can have its own problems when it collapses.
Giving it the chance to stabilize rebuild a base price and then carry on is positive that and most people are still well in the green after the last surprise so it would not surprise me to see some people being satisfied as is.

Yes continuous price rise is not the characteristics of good price rally. So you pullback is inevitable in every commodity trading. Ups and downs are most common to get a stable place over the time for a commodity. So after the price down we can expect some price appreciation towards a stable price.