Chartist and technical analysis is not voodoo at all.  They predicted what happened with the bubble PERFECTLY.  The bubble popped and BTC dropped 85% in about a day or two.  Anyway I am surprised that it is back up to 130 now but I think it will probably drift down to $40 or $50 again after another smaller mini bubble or two.   I think some new money is still pouring in but we'll see what happens.