Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

Price between bubbles oscillates within this channel. Channel slope is about 10x/yr. So even without bubble, price should reach 6K$ by next July.

+1
drawing the same lines in my TA since june
even if it's ending in a rising flag pattern with a bounce at the upper line, the next move is up! Grin

...time to relax, settle back and watch bitcoin rise Cool

I'm just wondering whether or not any of this will come to pass with the hundreds of thousands of bitcoins in the hands of complete crooks and/or incompetent fat-head boobs like Karpeles. Keeping my fingers crossed but I have a sinking feeling that all of this human greed and incompetence is going to slow the 6K mark down quite a bit. Perhaps by the end of 2015 it might hit $6k. (hoping for your scenario though)

I'll be happy if btc hits $6k this decade to be honest. For those of us who bought in early that will be nearly a 1000 fold increase.

...according to this projected minimum cost per BTC, there's no way out: Cool

https://bitcointalk.org/index.php?topic=518111.20