Periodic shakeouts, parabolic rise forming

[Stedsm]

Not to mention that Bitcoins are the most interesting and trending thing currently that everyone's trying to know more about.
These could be reversals that are said to be correction, or possible drain out of weaker hands who were just waiting for $1k and got out at that point.

[Paashaas]

100% guarantee Bitcoin will go parabolic again.

[Hyena]

This could turn out to be a cup and handle pattern.

Someone else sees a cup and a handle:
Bitcoin and the Teacup and Handle Pattern.

[dasource]

^^ agree looks like a cup and handle in play