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adam39
Jan 12, 2014 8:46 PM

DEC 2013 Bubble #3 Short

Bitcoin / U.S. dollarBitstamp

Description

If this December 2013 bubble behaves anything like the previous two, this is what we should expect:
- Daily MA-55 need to top out, then bottom out
- One last drop to 565
- Then we exit the bubble and head out to future prices, what ever they might be

Please see the first and second bubble charts, illustrating exactly the same behaviour:
AUG 2012: tradingview.com/v/A1O6KIrH/
APRIL 2013: tradingview.com/v/aL1oJRYO/
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