One Secret Chart Of Bitcoin Bulls

BITSTAMP:BTCUSD   Bitcoin / Dollar
3301 3 14
This is a chart for the Bitcoin bulls. I highly doubt that we are staying in this very old price channel . But if we do - there is room left for a new Bitcoin price increase in the last quarter of 2014.

This is my customized version of the very popular chart from emanance ( I changed the upper trend channel line to be aligned with the oldest price peak and I also added a 200 day weighted moving average price indicator to my version of his chart.

Very old historic Bitcoin chart data provided by TradingView user munkeefonix
TradingView doesn't show the entire chart with the entire historic data and I can't change the zoom after publishing the chart, so please zoom out yourself with the menu on the bottom of the chart or take a look at my zoomed out screenshot:

+2 Reply
Wauw 15th of august!!
My prediction was 18th of august, really close! :)
And here is my optimistic forecast from 20 days ago, which - until now - is following exactly my idea (the arrows) which I drew only on a gut feeling:

A possible path of a big Bitcoin correction (4xForecaster chart)
+2 Reply
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