![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fsteadfastfinances.com%2Fblog%2Fwp-content%2Fuploads%2F2009%2F11%2FPsychology-of-bubbles-plotted-by-investor-psychology-vs-value-Dr.-Rodrigue-Hofstra-university1.gif&t=663&c=WNkjx40dp9m4mw)
Looking at the previous bubbles along with this chart I can't help but get a fractal-esque impression. For example go to clarkmoody's bitcoin charts, set each candlestick to w1, then zoom back to 2011 and you get this picture:
(This is what happened after the 2011 crash leading up to the bubble (on the right side))
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FtG47jP3.jpg&t=663&c=lyZ6y9cDue-9GQ)
That looks remarkably close to where we are now (however the bottom is not as low since we survived a bubble already making people more confident):
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Fi9rBLXT.jpg&t=663&c=8qKim6MmCAnZDg)
It looks like a similar pattern is repeating on a shorter scale during each successive bubble.
We could very well see >$1000 soon.