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Bitcoin (BTC/USD) Price Prediction for August/September 2014

BITSTAMP:BTCUSD   Bitcoin / Dollar
Based on the last 3-4 Bitcoin price spikes, the next one is coming very soon, around August/September of 2014.

The price also appears that it will reach above $5,000 with the next spike, possibly as high as $6,500. After that it will sharply decline in correction as historically has always happened after each spikes. But it will settle to a new high, possible around $2,000.

This was made by user "colinistheman" on bitcointalk.org forums
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