Take a look at this fractal:
It compares
the bubbles of Oct2011 + Jan2012 + April-May2012
vs
the bubbles of Jan-Mar2013 + Nov2013 + May-Sept2014?
The top of the next bubble would peak around 100,000 USD/XBT at around end of September 2014 (6 months from now).
It compares
the bubbles of Oct2011 + Jan2012 + April-May2012
vs
the bubbles of Jan-Mar2013 + Nov2013 + May-Sept2014?
The top of the next bubble would peak around 100,000 USD/XBT at around end of September 2014 (6 months from now).
You see the size of the second staircase step is smaller than the first, then you make an arbitrary curve fit which makes the 3rd staircase step larger than both. That defies objective reason and rationality.