BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
253 7 4
Possible turning points going into 2016.
Why would we wanna go back to the accumulation range now? I DONT WANNA
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265 would be a dream at this point, BTFD mode engaged.
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I wouldn't mind seeing that price by the halving next year, but isn't this graph just a bit overly symmetic? Or are you anticipating a 2013 fractal repeat?
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BitcoinErrorLog TokenBitcoin
I agree that it's unlikely we'll mirror like this, I do think we're on a road to $600 in 2016.
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Nice levels. Looks realistic and I agree.
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What's the calculation that drives this analysis?
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Mostly just prior support and resistance levels. Support at 300, 285, 265, 250. Resistance at 380, 420. It's all just guesses in the end really, this year really shook a lot of people out and the mega rally to 1200 isn't really something we can factor today. Ultimately I think we'll eventually get to 600 again.
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