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Gordon_Geeko
Dec 30, 2013 7:53 AM

Gox Daily USD Log Chart with Timeframes Long

Bitcoin / U.S. DollarMt.Gox

Description

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.
Comments
Universe
Fascinating, thank you for posting this! =)
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