Bull market don't go up in a straight line.
The fallback is to get rid of people with weak hand.
It sure doesnt, everyone is trying to find a reason to push the price up, but still nothing major.
You cant actualy predict the market, and even those fallbacks can be simple cashouts, without greather meaning
Yep, people (spacially the big hands) are waiting for a reason to get in.
The reasons
not to get in have temporarily dissipated (China, bitcoin auction).
We need either the Winklevoss EFT or a big name like eBay to ignite the rocket.
It will have to be a big name other than eBay. I highly doubt they would willingly allow a payment channel that would then compete directly with paypal, which is an enormous asset to them. And it's not as if they need to worry about pressure from outside; there is virtually no competition in the online auction space. Also, we had a large, well known merchant (newegg) and another big player (1-800-flowers) announce bitcoin integration last week and it barely nudged the market, and in fact we're going down again. I don't think anything less than amazon would have an effect at this point.