As labelled in the chart, the rise of bitcoin from $149 level is clearly corrective. I therefore expect a strong down-move in bitcoin to below $100 soon.
Expect further fall in bitcoin as described earlier.
Following up on bitcoin. I expect a rise to $691.00 levels before a strong continuation down. Chart later. NB: I maintain the view that bitcoin should drop to below $100 soon. After that expect a strong re-bound to above $2000 levels.
People should not mistake me when I call for bitcoin to fall to below $100 apiece. The fact is, when it gets there, you WILL have the chance of a lifetime to accumulate as much as your pocket can allow. And after that, expect bitcoin to rise tremendously to $2000 and beyond. Patience is key in the market.
metroid is that you? youtube webbot, btc "does not like to be in the 1000s", meaning when we hit 1000, we jump to 2,000. 2,000's could be the top, but then the webbot suggests 14,000 by 2017, so this may not be a bubble this time but the beginning of the long term valuation.
So have you factored in fundamentals like the growth of the Bitcoin network, block reward halving, Segwit/Lightning Network and so on? Throughout 2015 whenever BTC dipped below $200, it never stayed there for more than a day. Yes, it would be an incredible opportunity to get Bitcoin at $100 again but I don't see it happening unless some catastrophe hits.