kostryukov
Long

Dead or Life

BTCE:BTCUSD   Bitcoin / Dollar
577 6 3
If you take a classic bubble, then everything looks quite logical. If you look logarithmic graph - we already went over the level of support cash flow support (green line) and have to go back. However the current price collapse - sale of stolen Bitcoins . The current fall - panic. I still expect growth since the beginning of February. When the market calms down.

Classic TA does not work, except for short periods, so it is best to look at the price globally and outside the box.

I take this thoughts here -
Perfect Bubble in the making?


Ps. Sorry about my bad English.
Stealth phase was the year 2010.
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ChartArt ChartArt
Awareness phase was 2011-2012
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ChartArt ChartArt
Mania phase was 2013
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ChartArt ChartArt
Blow off phase is 2014-(2015?)
+2 Reply
There are no institutionals investing yet so were at the bottom of the s curve and this would be invalid,
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I agree.
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