what do you think about below chart?
I think bitcoin rise is over for now. Chart shows that we are in a buble and it should be corrected.
In addition if you look at the weekly chart end of 2013, you will see that it is similar to today.
Big correction may come soon
Even if that is the case, I doubt if history will repeat itself. There has been some time where bitcoin also had a chart similar to the end of 2013 but in the end bitcoin continued it's rising movements. Therefore, the chance of history repeating itself now is low specially now that there really isn't a bad news like a major exchange being hacked or something that will really take price to the bottom again.I think bitcoin rise is over for now. Chart shows that we are in a buble and it should be corrected.
In addition if you look at the weekly chart end of 2013, you will see that it is similar to today.
Big correction may come soon