Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
blade87
on 17/08/2014, 15:06:05 UTC
Bubble's flight has been delayed. Scheduled arrival: November
These are my thoughts exactly.  If a new bubble/rally ever comes that is.

Yes if. I wonder the same. Because if everyone is expecting another bubble, can one happen, at least so soon? It's like the perfect trap. And the longer the delay, the worse things will get in this market. It's looking by the end of September, if we're either going to be at $500-$550 (right on target to approach the next bubble) or somewhere around $400 and looking to fall below that.

At some point this bubble trend will break and when it does it's going to be a long bear market. The last two bubbles did have some very large sell offs before they began (as in very temporarily breaking the long term trend) so it's just so hard to predict right now.