$6500 top for next Bitcoin bubble

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
1048 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.
On what data is this based on...? Or is this just a guess into the blue in the end?
+1 Reply
There is no mt.gox now. No mt.gox -> no bubble.
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
Looks good
+2 Reply
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