big assumption there, that everyone learns from past mistakes.  Better copy / paste this one to the wall of bold predictions.  Bold indeed.

What else are you doing while watching BTC live, this forum... any other activities?

Agreed. But because price variance observes a Cauchy distribution, rather than a Gaussian one, so the "mean" is meaningless (pardon the pun) and can only be determined retrospectively from the oscillations.


The mechanism is the butterfly effect in Chaos theory (which I confess I don't have more than an overview of). It is the butterfly effect. I think we saw this at $97 when someone bought 5,000 coins and a run to $166 resulted.

Dumping 50 at 108
120 at 107.80

and 150 at 107.5

to keep the motion down

Disregard emotions, acquire BTCs.

Has everyone gone?  Is it just me and ChartBuddy here now? 

The symmetrical triangle, which can also be referred to as a coil, usually forms during a trend as a continuation pattern. The pattern contains at least two lower highs and two higher lows. When these points are connected, the lines converge as they are extended and the symmetrical triangle takes shape. You could also think of it as a contracting wedge, wide at the beginning and narrowing over time.

Elaborate, please.