let us take a look at the last 24 months.
THE RISE:
price in november 2012: $ 15,-
price in november 2013: $ 1200,- (ath)
= risen by factor 80
THE FALL:
price in november 2013: $ 1200,-
price in november 2014: $ 300,- (?)
= fallen by factor 4
80 fold up followed by 4 fold down = seems pretty bullish to me.
(inspired by a post from user ricke)
(self moderated, stfu all btc-is-doomed-trolls)
Doesen't help much how well btc did in 2012/2013. We are now in 2014...
You could use the same crap description and say it's bullish even at $ 16... As a ceo you would have been fired presenting these numbers as bullish..
Time to wake up