I don't really trust it.. I don't really get why it went up so high in the first place. Though I haven't had much to do with bitcoin since 2011. I didn't lose anything in that crash either.

I thought $20 was fine and pretty high considering. Unless I see it resume steady slow growth I'm not really going to invest. Keyword being invest. I will still purchase things here and there with bitcoin but I'm still holding dollars for now until stabilization occurs.

However, I think it is still bullish and has been for years. If it stops jerking all over the place I'll throw some money back in for long term holdings.