Gordon_Geeko

Gox Daily USD Log Chart with Timeframes

Long
MTGOX:BTCUSD   Bitcoin / U.S. Dollar
7
Green blocks lasting 214 - 238 days cover peak to peak.

Blue blocks lasting 60 - 88 days cover major uptrends.

Red blocks lasting 150 - 156 days cover downtrends and sideways churn.

This looks convincingly cyclical to me. No idea what causes these cycles.

If you have any theories or further observations, feel free to share.
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