near term, I believe if when 1 BTC = $1600 I will sell a small amount and wait some more.
I'm talking about days since now that it passed a round number it will be major news on TV and news papers around the world.

So it might reach $2500 soon, like it did in April when it crossed $100 and went all the way to $265.

I plan on rebuying when it drops below $1000 and it might after the excitement subsides in a few weeks or months.

What's your oppinion?