Post
Topic
Board Speculation
Re: Bitcoin is looking weak. Recommend you guys take profits soon over $1000.
by
JakeGold
on 06/12/2013, 11:51:55 UTC
My personal target is the old peak of USD 266... I might be wrong and we might go much deeper.

My (speculative) math is showing USD 296, so I'm betting on 350, but the extraordinary thing about bitcoin, is that it will most likely recover, and shoot even further in a very short time span.

Just compare the April 2013 bubble to the NASDAQ (IXIC) 2000 bubble. Bitcoin went through the same motions in a single month instead of 5 years. Incredible.