It's me – Satoshi BTC Queen from Bogdangrad on planet Mars. And I have self-fulfilling prophecy for the bitcoin price in the near future – 9700-9800 USD. How do I know this? Oh, it's really simple – bitcoin repeats charts of 2013-2014 almost exactly, so if we continue to follow the charts, the next step is to reach the high we had in May (~9700-9800 USD). After that, we will probably go down hard to reach the new low, but there's a small chance, that we will continue to pump. In any case, the best advise would be to sell at $9700-9800 point and wait for the market decision. In worst case scenario, you will buy back at $10500 and sell at $18000.
Have a good trade! Also, this is recommendation only for people, who currently live on planet Mars.
Hopefully this isn't that downturn to new low now.
Darkside999
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I do not agree. In fact if we reach 9800 its unlikely to see new low. I dont think we will reach 9800 and new low will happen quite fast
Halley
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Simple and will keep an eye on this. I have similar thoughts having nothing to do with 2014 but I take your word and others who are following that trend.