PonziUnit70
Long

Bitcoin - allowing for 10 to 20 times growth through 2014

MTGOX:BTCUSD   Bitcoin / Dollar
1057 1 1
This chart allows for huge volatility - while I have not used the channel tool, I've extended the fork with trend lines to simulate a channel. I've drawn a couple of fractals with the green lines to impart a time frame for 10 to 15 or even 20 times growth to occur over the next twelve months. The target on this is over 7000.00 but it allows for as low as 950. Batten down the hatches!
Great chart.
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