The article is nearly pure nonsense because the actual facts, including the price breaking strongly (and seemingly irreverseably) above $500 speak loudly and convincingly that people are buying bitcoins and the ones that matter (those buying) do not perceive bitcoin to be broken... otherwise they would not be paying more than $500 and then more than $600 and then more than $700 per coin..

So, yeah, hard to convince people when we cannot get BTC prices back into the $400s.. and even the $400s was not a bad place to be, after BTC prices had been in the $200s for nearly a year.

But, yeah, Tzupy start preparing your bear ass for continued upwards price movements, and you must realize that there is some chance that we are going to have continued resistance in the upper $700s and also in the $800s, but seems likely that if we clearly get past the mid $800s, we are going to need to brace ourselves for the $3k plus price territories.