Post
Topic
Board Speculation
Re: Bitcoin Technical Analysis
by
brocktice
on 13/05/2011, 20:24:10 UTC
I did a bit more analysis on the exponential rise and took a well known market for reference.
We are in a "x-mas tree" pattern, which very frequently happens after exponential rises.
I would not be surprised if we see a mirror image on Bitcoins in the next 2-3 weeks,
from whatever high will be marked
(perhaps it is the current one at 8.45 $ or we see another pop up higher.)

Well this may or may not  be the case, but BTC and silver are very different things. Silver's been around as a common currency since at least the middle ages, and probably quite a bit longer, so the bitcoin uptake may continue more or less unabated if new people keep buying in.