Bitcoin Forum

With everyone talking about a rally and observations like The Observer Effect and the RSI Pattern, do all of us really think we will see an ATH?
I'd be happy to hear your comments on the situation and if you like explain your vote. :)

The poll at the minute suggests a large rally, but that is really unlikely imo... in Q4 we may see BTC up again especially with more merchant adoption but I cannot see it picking up for a while...

I voted for Yes, top at $3500-$5000.

I do think we will be hanging around the $550-$700 range for a little bit longer and could see slow growth even towards $800, but with all of the positive news and ease of use increases, along with general awareness, I could see another big spike in July/August (although it could take until beginning-mid Q4 too)

Please add " We won´t rally ever again" otherwise it´s a strong biased poll, which cannot reflect the the true sentiment. Thanks.

Please add " Da moon CCMF" otherwise it´s a strong biased poll, which cannot reflect the the true sentiment. Thanks.

 ;D

Please add "Whenever the whales decide we should rally" otherwise it´s a strong biased poll, which cannot reflect the the true sentiment. Thanks.

I think trying to time these large cycles is impossible. Try as you might, we simply don't have the data to do it. Each bubble has followed a different pattern, and so has the subsequent consolidation. I say, get your long term position in soon/on any dips because it could pop at any time. Could be next year, though, too.

I was just thinking how Super Nintendo said end of Q3 for regulation and the auction just happens to be at the end of Q3. Coincidental?

And the ATH will be made by end of July.....the new top will be set in Early to mid August.

Still sticking to your $5000 peak prediction?

It would be a pretty nice world. Just saying.