Well this is thread in which to call it

so my prediction (similar to those above):

next top $5k ± $2k

correcting to $3k ± $1.5 k

http://i.imgur.com/BgFvwvu.png




EDIT: To address OPs question:

From a system analysis perspective (control theory)

The volatility I think is caused because the system is running at high gain and is not damped, so large oscillations in the groupthink of all users happens.

Anyone who understands what money is and what bitcoin is are lucky enough to be early adopters during these still early days.