What are the most important influencing factors?
Would BTC drop if all russian moneys that where put into BTC during zyprus crisis would leave BTC and change back to hard money?
Would BTC drop if all russian moneys that where put into BTC during zyprus crisis would leave BTC and change back to hard money?
I'm gonna go out on a limb here and say... definitely.
The cause of the price rise, as far as we know, was the Cyprus crisis and people putting money in, and by extension people seeing that Cypriots putting their money into Bitcoin would drive the price up putting money in and driving the price up.
Anyway, my guess is it will still be sitting around $100-$150, although $150-200 is also very likely.