Re: Why trend reversal? -> basic technical analysis! trend lines is all you need :)
So, who's to say that TA isn't just a self-fulfilling prophecy? I'm not trolling here, just curious. It's quite a bit easier to predict the actions of someone if he has the same beliefs as you.
Why would you care about the why rather than the what if both amounts to the same? Are you a philosopher, or are you a speculator? 
Point taken
While I agree that in most cases we can create methods of guessing what's going to happen based on the past, Bitcoin is still at the point where it goes through erratic changes. I think this is all just coincidence at this point.
Though of course the overall trend is rather clear. But that is more a result of an awesome technology getting better and more widespread than of short term TA-astrology
