They should rename the "speculation" area to "unfounded hype" !
One of speculation's definitions is "the forming of a theory or conjecture without firm evidence."
So I suppose by that definition, the OP's comment *might be fairly called speculation,
although Im not sure that "without *firm evidence" is quite the same as "without *any evidence"
Its the unjustified usage of emotion-laden words, like crash, bubble, collapse, rocket, moon, plummet, bears, bulls, rally etc that give away those who are either (laughably) hoping to influence people into reacting irrationally, or just trolling for bites for entertainment.
IMO - Bitcoin is *not just another stock that is subject to rational or technical analysis with any sort of accuracy, and the attempts to do so are futile.
It is a new technological system currently undergoing adoption, much like mobile phones and the internet, tweaked a bit by investment-manipulation and is *also strongly influenced by global events in both the financial and social worlds, which are fundamentally unpredictable.
Nobody knows exactly when country X's world leaders will lose the plot and attempt to divert local financial turmoil with draconian regulative measures, or when the next technological innovation or hiccup will occur in the code development, or when the next amateurishly-run exchange hack or collapse will occur..
Its like trying to statistically predict bank robberies - all these things can affect Bitcoin far more than any inverted cup-handle Elliot waves, or whatever tea-leaf reading technique is in vogue right now ever could.
No reputable investor will do anything except take the *long view.. 90% of day-traders will eventually lose their shirts trying to outguess the random surges and dips. Any predictions that suggest time frames of days, weeks or months are foolish and will only be correct by coincidence.
There is only *one chart that matters in my opinion. This one
https://bitcoincharts.com/charts/bitstampUSD#tgSzm1g10zm2g25zvzcvzland everything looks just fine from how that is going..
We now return you to your regularly scheduled drum-beating programs