Post
Topic
Board Speculation
Re: [prediction] Next spike $560,000 14 {<-oops!} months from now (2017 Update!)
by
overboost
on 12/12/2017, 21:13:43 UTC
is this thing fixing to do a 2013 repeat?
If so, then we are about to go supra-exponential to $20-25K within 2-3 mo, then retreat to 5-6K.
I am not seriously predicting this, but longer term charts are going vertical.
After the 2011 bubble   ($31)   it corrected to ~2 ,  that means 7%
After the 2013 bubble ($1163) it corrected to 156, that means 13%
After upcoming bubble ($ ?) it should correct to ~25%
If it shoots to ~30k this month, correction should be in the $ 7500 range, but I doubt it will drop that much.
Maybe there will not be a next bubble at all !
Time will tell. Just HODL.