Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
mmitech
on 22/11/2013, 08:52:11 UTC
Slowly but surely everyone is starting to figure it out. What's happening right now happened before in March. Almost identical charts. One more crazy run-the-train-of-its-rails rally is brewing.  It's going to be epic.

If we go crazy from here (we are already well above/ahead of the long-term trend), the inevitable result is crash. That is the way turbulence works. This makes it relevant to try to estimate the top and the bottom.

My take:
- Top $2200, bottom $475. Before Christmas.

I was following your posts, there is always a crash in your post, each day you post the same prediction, but I see Bitcoin only going higher and the only correction was before and after the senate hearing, look I said correction not crash.

this is not the classic stock market, Bitcoin is unpredictable to its nature, Early adopters get advantage and you never know when some one will cash out a part of their investment, and these charts where you draw lines predicting price they doesn't mean anything and they are based on no scientific or economical ground.