I'm guessing we will test even lower to flush out the easy money players. Remember that there is plenty of big money that wants to get in the game and as long as there are weak hand players - and there are lots of new ones - they will make repeated efforts to drive the price to lower entry.
Not realistic. 72 million USD sitting in bids waiting on gox. Right now, these money are extremely anxious that they are not participating. They will buy out any dips immediately, so 50% correction is not happening yet, I doubt we will see anything larger than 20% in January. The bull must ride for a while.