Today, bitcoin has grown sharply due to positive news in Asia. Do you think this is the beginning of a bullish trend or a dead cat bounce?
Any negative news could still send the price down but I do thing a gradual recovery will happen soon. There will always be fluctuations in price based on supply and demand but I think after the MtGox sell off is done, the gradual increase will begin. I think many altcoins will also start to see a recovery in the coming months as well. I think by the end of the year well begin to see new highs.