Quote from: JulieFig on June 12, 2014, 01:10:09 AM

Quote from: Raystonn on June 12, 2014, 01:00:21 AM

Quote from: JulieFig on June 12, 2014, 12:36:52 AM

Quote from: Raystonn on June 12, 2014, 12:25:14 AM

Sorry, I was off by 1 day. Missed the 10th by that much...

We actually have a green closed candle on bitfinex's MACD. Bitstamp's just turned green with the start of the new week.

I also wouldn't mind picking your brain with regards to the next couple of weeks... Do you think we will see a minor cross back over before resuming the upwards trend, a la September last year?

I think it's entirely possible we could flash crash down as low as 420 within the next 2-3 weeks, ending the week of the crash above 540. It's also possible we could stay flat for 2-3 weeks. Either way, when we break above 685, we're on our way to a new ATH. I expect to revisit the last ATH in about 7 weeks, and be at our new ATH about 4 weeks after that.

We seem to be pretty closely following the trend of the run-ups to the previous two peaks. If we do continue like this, I think we may bypass the flash crash you mentioned, and just stay flat for another 2 weeks.

Look at the week of 9/25/2013. We could be in for a flash crash like that before the big run-up.