Varmetric
Long

Pattern Bitcoin

BITSTAMP:BTCUSD   Bitcoin / Dollar
300 2 0
From May we see a further escalation of prices that could lead to bitcoin             prices between $ 5,000 and $ 8,000
I do not agree , for the simple reason that the bitcoin itself , could not be hacked or attacked successfully. What happens is that large companies have been attacked and robbed , but hardly affects the model. This will definitely get the opposite effect because of these attacks learns the market and companies providing services in bitcoin will become more reliable, transparent and safe day, thanks to these attacks.

Think about it, is better than the hard step of adjusting market is now not occur within 5 years with more mature bitcoin and a significant weight in the global economy.

I also remember that the number of robberies and amount in credit cards is much higher than the bitcoin lived in , and still is naturally recognized , does not appear in the press , everyone knows , insurance companies are paying and continue turning the wheel because the benefit outweighs it .

Companies bitcoin will be much stronger , secure and transparent than other companies .

Welcome to the future again and enjoy the free market where doeth evil will disappear, and that doeth good, the market will take .

For this and more things, the bitcoin will go up before clearing the Gox unknown.

Let me add some trading experience I have, that I have always lived major climbs, the market was in difficult times , nothing clear , where it seemed that problems everywhere. Unfortunately it is not easy to earn money and bag either. If you expect to keep things clear , unobstructed to buy , you're late , it's time to sell.

Apologize for my bad English , I wish I understood the idea .
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IMO, the market needs to find out the truth behind the Gox drama and more exchange security features have to be implemented (across the board) before bitcoin can move above 1k. If those issues aren't resolved I doubt a lot of people will be buying coins priced over a thousand.
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