Lebowski
Long

$6500 top for next Bitcoin bubble

BITSTAMP:BTCUSD   Bitcoin / Dollar
1047 6 10
In 2016 will be the time of another grand bubble. The left-most two fib retracements are real, you can barely see the smallest one.The third (right most) fib retracement is the projection.
Looks good
+2 Reply
This projection is only the first wave of the larger 3 wave soon to commence. The final 3 wave projection is 89,000. Then there 4 and 5 to follow.
+2 Reply
Lebowski oaksacorn
I'm not doubting those numbers, but at that point having dollars won't matter. Bread may be $10000. Sadly.
+1 Reply
There is no mt.gox now. No mt.gox -> no bubble.
Reply
On what data is this based on...? Or is this just a guess into the blue in the end?
+1 Reply
yes.
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