Here is my Bitcoin price prediction on a drawn graph.
https://www.tradingview.com/v/aA0zaAFD/I use a logarithmic scale.
There is a pattern of about 7.3 to 7.8 months between each bitcoin price spike top.
The bull run should begin any day now. The price should be moving up steadily in 2 weeks.
To be conservative, I would say the price of a single bitcoin will reach over $4,000 but per this graph it should actually reach $6,500. It's just hard to imagine!
$4,000 - $6,500 bitcoin by September 2014.
nice chart, but this prediction assumes that everything will repeat itself exactly, which is unlikely. i agree, however, that next "bubble" would be at least $6000, but could be as high as 60000 (if 2011 pattern will repeat itself). The timing of such 'bubble", however, is completely unknowable.