The market is still at a huge imbalance. When you see 1 wave that goes from $45 to $1163 then a new wave that goes from $152.40 to $19666 based on Bitstamps data. Of course we need to come back down. It has nothing to do with news, FUD, or any of that bullshit. Its simple the market must balance out. Once it does the bulls will return. Where that is exactly is still unknown. We still need to wait to see if the support in the $3k zone holds. If not everyone and there mother is going to be on the wire saying tulip mania, its over, etc. Then revisiting the last high of 1k is feasible. Really when you think about it, we need and want a massive crash. This is what will entice big dick money to get into this highly manipulated ecosystem. I know if I was a hedge fund manager I wouldn't even be thinking about entering in at this price point of 6k roughly.
