Lebowski

Post 2011 bubble analysis. Similarities to 2013 bubble.

Long
MTGOX:BTCUSD   Bitcoin
3
We may have a long time to go, but, if this chart has any info on how this 2013 bubble will play out, we are still very good shape if people have patience to weather this out.

In late 2014 or 2015 we may see the next super rise in bitcoin, if not sooner due to some media event. In 2015, natural market forces may be pushing BTC up too. Think dollar inflation finally kicking in due to QE3, QE4, etc...

Think of the large western nations as police states. People want to save their money and not have it stolen away by inflation.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.