I might be wrong and been many times but this definitely doesn't look like something that has serious support to go up and stay there. 120-130 (if not lower) looks much, much more realistic than above. You can smell the fear on the market.

I think we'll just trade in this narrow (for Bitcoin) band for a while.... you know, it is possible, we don't constantly have to be bouncing.

The way I see it, over the past nearly-two weeks the average support price has been increasing and quite robust. Looks like the oportunity for childish DDoS plays is decreasing.

I think this bodes very well for next week, after the holiday... Or who knows, perhaps bank holiday Monday could be a cracker.

And at its lowest point, the bid sum briefly touched its previous $16m peak when the price was $266 

Nope. Does not look like we are going to 200. Interesting, how much will be dumped today.

Thats my stance also, too much fog currently.

sadly but we are going down. Even mass buy in didnt fix falling trend.

This is the main problem with people in the bitcoin world. You trust fiat more? you certainly know that bitcoin can either go to $50 or go to $200 in a day, you just need to be patient and buy/sell at the right times. With fiat, well.. you have fiat, that's as fun as watching paint dry and by that I mean, slowly but surely that inflation is eating it up..

Yes, I trust fiat more at this moment. I've trusted bitcoins more for days before yesterday. I'm not investor, I'm trader and I'm not going to look my coins dipping to be worth 15/20/30 dollars less without selling and trying to buy more and have them more if I feel that's what I should do.

I don't care what anyone thinks about it, as long as volatility is as it is I'm not hoarding my coins, specially as I don't have enough of them to just wait to become rich at some time.

So, you do your stuff, I'll do mine. I'm not here to help your mined or cheaply bought coins being worth more, I know that's what early adopters want from people but I couldn't care less about their coins and what they want , I'm here to make what's best for me If I lose all I've invested in btc, I won't lose a sleep, I've never invested more than I can forget.

The buying pressure seems slugish. The selling pressure is intense. We continue with the 10th of April crash down to 47.

I think that the bid depth can reach $50 million by June 1st 2013.

It doesn't take much interested to add up to $50 million waiting on the exchange to buy bitcoins.