aidded
Long

Timing and growth analisis (next quarter term)

MTGOX:BTCUSD   Bitcoin / Dollar
80 0 0
EDIT: Problem with price channel for some reason? will try to reupload :s

Price channel (with log price scale) proposed, Bubble breaks up and out, for 121 days (more or less a quarter). Stays in channel for 121 days again (bar silk road freak out, not really a valid data point) Breaks up and out again, will this be another 121 day period/bubble? Vertical lines every 1.5 Months Approx., Significant points on their times:
1st line : Bottom of channel
2nd line : Breakout
3rd line : Peak of April             bubble
5th line : July minimum
6th line : Roughly when growth from july min stops (weak correlation)
7th line : When Bitcoin             goes back on rise

For the short term, I think bubble will form, due to timings, media coverage ect... For long term, the constant growth shows no sign of stopping, especially due to the deflationary nature of Bitcoin             . By march, I do not expect price to go below the channel, leaving a minimum of $500.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out