Post
Topic
Board Speculation
Re: can BTC ever return to significantly below $100?
by
Dargumin
on 24/04/2013, 20:28:03 UTC
I don't think we've seen the end of the correction that began today.  I'm confident we'll go below $100 before we reach $200 again.  Though I don't see it getting anywhere like as low as $50. More like the $80 mark, and not for long.

what exactly do you base your prediction on?

Its far too soon for BTC to re-bubble past $200 given recent events.  Even with today's paypal acknowledgment. Too many people who missed the opportunity to sell circa $200 last time won't let opportunity pass them by a second time. The resulting crash should briefly take us sub $100.