Post
Topic
Board Speculation
Re: The Euphoria when bitcoin goes to moon!
by
Bitcoinpro
on 28/08/2014, 13:37:23 UTC
It we were to lose 81.2% of today's value over the next six days, we'd be looking at an exchange rate of $96.82 next week.
Someone hasn't been paying attention to where we are in the pattern. Here, let me help you:




According to your pattern(?), we will see another rise before the fall, then the moon.

Anyway, past performance is not guarantee for future performance.

the correct way to analyze the graph would be drawing a straight upwards line from late 2012 to now

and then extrapolating it further, the last couple of months have really consolidated on this line

and that sharp drop was very careful not to fall below this line either

http://www.xe.com/currencycharts/?from=XBT&to=GBP&view=5Y