Quote from: Biodom on March 24, 2017, 04:19:35 PM

Quote from: Torque on March 24, 2017, 01:37:40 PM

This looks like 2012 all over again.

So to extrapolate then this year will be to 2018, what 2012 was to 2013. Grin

...interesting comparison...so we are prone to correcting into a flat (at 750-900) until June or so, right?

That's my bet (as long as in the interim there is no contentious hardfork or anything stupid like that). However, threatening FUD will continue in the short term until the troll traders are satisfied.

Eventually shorts will run out of gas, longs will start coming back in. A floor will be found.

I predict that the summertime will see very little action, traders usually don't trade much during the summer. We could go sideways for months.

Then in the late summer we start heading up again toward a new ATH.

Remember, anything that can fall 30% in two months, can certainly rise 30% in two months as well. Grin