Hi there. A shame, I couldn't post it in "speculation" or "economics" forum, but hey, rules are rules.
Just wanted to share some pictures and my observations with you.
http://i40.tinypic.com/mb4ig7.png"normal" scale
http://i40.tinypic.com/2me4avc.pnglog scale
These are overlayed "valleys" between "bubbles":
1. valley 30$ to 260$
2. valley 260$ to 1000$
Now, here is one more picture, normal scale, but modified
http://i40.tinypic.com/igf21i.pngThe modification was scaling the second valley to fit the first one in values times ten (ex. 10$->100$, 100$->1000$). Hope is readable enough. Also note, the charts are moved to best fit with each other.
So, here is my guess.
1st bubble was (about) 1$ to 30$ (fall to 2$)
2nd bubble was 15$ to 250$ (fall to 80$, stabilize at 100$-110$)
And now the third bubble would be 140$ to... (see the pattern already?) 2000-3000$
It is mainly just a new zero every time, but also every time it gets easier (lower hill, not-that-much fall).
But there is 10 000 CNY on the road worth about 1600$. What about it? I guess nothing. There were no problems in passing 10$ and 100$, there would be no problem passing 1000$, since now USD shares market with CNY, and for Chinese 1000$ is just a number.
So, my guess would be: Now we stabilize for few more days on 750-850$, and then we go 2k-3k USD. Then we fall to about 800$ (for short - there will be panic after breaking through 1000$, just as there was after breaking 100$ - but not for long). Then again we break 1000$ and stabilize at 1600-1700$ (with Chinese support at 10k CNY).
Discussion please
PS. since it is my first post (maybe last?): Yes, I own BTC. No, I am not new to market, I learned about BTC in 2011. Yes, I am reading forum. No, I didn't want to write earlier
EDIT:
Please, also note the "dip" (not good visible though on chart, but yet still) from 140$-120$ on April "bubble" and our fresh 900$-600$ dip few days ago.
