Looks like we'll be testing April's low of $339. If we brake below that, then the next $ amount I'd look out for is the high of ~$270 from April 2013. The fact we weren't able to stay up after last weeks paypal news just reconfirms the bear market.
This exactly. The huge news from paypal meant nothing. There has to be a fundamental change for this trend to reverse itself.
The winklevoss etf is the only thing I can see that would do it.
I'm thinking the winkle ETF could help as well. But I also think this latest Circle news could really turn things around. Give it time, a few months, now we can adopt new users semi-globally who can buy and use bitcoin almost instantly.