Cycle 3 lasted approximately 23 months.
Cycle 4 can be expected to last at least that long which would take us easily into 2016.
Cycle 4 can be expected to finish around previous wave 4 which was at 70s.
The first major bounce could be expected from 278 before end of 2014.
A spike to 173 cannot be ruled out before end of October.
The shortsightedness that some of you pure-chartists have is amazing at times. You should short and hold out till 2018. I'm sure it'll get all the way down below $100 by then. Or more likely up to $10k.
Corrections almost always last longer than impulses. Markets are said to trend 30% of the time and correct 70% of the time. Superextended waves especially take a long long time to correct according to Glen Neely. Especially thinking how the subwaves and subsubwaves in this cycle 4 are extended, I believe 2016/2018 may be a conservative target for the end of the correction. By the time this correction finishes, the BTCUSD charts should become the least popular charts in the site.