I'm starting to think Bitcoin will hover at these prices for a while now and go sideways for a bit before dropping off again.
See this pattern a lot where a stock bubbles goes vertical and bursts hard, but the true believers keep buying and talking people into buying which holds the price level for a while till that buying runs out then a gradual decline after as popularity leaves the market.
Having said that if governments regulate it or do more banning that may help kill it off quicker ..
