Originally Posted by
Kuntmissioner
This is analysis as well, noting that it will soon be time to buy.
There's no trend about it.
A trend is predictable, this is different. It happens randomly when a big investor or mining pool decides to dump earnings and buy back low.
You can't just say "well tomorrow it should go back up to 110 because BBC said BTC is the future", because then buy volume builds the price goes up and someone with 40k BTC decides "ok I'm alright with this amount" and sells off to all the buy orders which are always highly concentrated near the buy/sell price and then diminish as you go down. He can easily dump the price down to 90 dollars and then buy back in.
Tactics utilized in bitcoin markets are illegal in normal markets, and that's why BTC can be extremely unpredictably volatile. It comes down to are you lucky enough to sell at the right time and buy back at the right time.