I think we'll stay hovering around the current levels for a few more weeks. There is not much right now that may indicate the price going above $650 levels. We need more patience.
well, it is time for a new upward movement anyways.
there has been enough time spent on this price level around $600 and also there have been some pretty good price drops to lower than $600 mark that helped the traders to accumulate a lot of cheap coins so the time for rise is near because they are all ready.
The difference between you saying it is time for a new upwards movement, and with how the reality is at this point, are both on a completely other level. That being said, I actually don't mind seeing the price stay at current levels for a few more weeks. This stability is great for people using Bitcoin as currency.
And you think they will stop using Bitcoin as currency when it starts to move up again?Come on!!
Bitcoin is barely used as a currency at the moment, no matter what the volatility is!
Right now imo for the overwhelming majority it's all about investment and speculation.
So let the price move up or down, it won't matter that much.