Quote from: jl2012 on February 03, 2013, 01:43:34 PM

Quote from: evolve on February 03, 2013, 07:49:47 AM

Could we be seeing the "Bull Trap" now? (jan 2013 dip)

In the very long run, the $32 peak is "first sell off", and the $2 dip is the "bear trap". Many early adoptors left because of the bear trap (e.g. the "Bitcoin will never reach $20 again") . We are stilling recovering from the bear trap, not even have any real media attention

$32 was "the new paradigm", $2 was "dispair", $5 was return to the mean. We are now seeing a repeat of the same pattern.