This price action is enough to assume we are in wave V to 2xx which couls take some weeks. Ill begin tracking soon.
50 thousand silk road bitcoins are being auctioned in early December. Could this have a massive effect on the price?
http://www.usmarshals.gov/assets/2014/dpr-bitcoins/Very deep, patient pockets are likely to be picking them up (people like Tim draper, second market, Pantera etc). So no, I highly doubt it.