Bubble incoming! $3800 - $4000 expected

[maker88]

lets just put this here again

The rise of 2013 was much higher than the rise of 2012.  Some people keep speaking of the obvious "line" on the log chart. However I am having trouble finding this line and in fact I can draw several lines which would allow btc to go much lower than it is now before going up again. I have plotted a couple for reference.



The low volume and the lack of significant bid depth on mtgox that continues to fail to fill in above 125 seems to confirm my suspicion that it isn't ready to go higher at this point. I think this ordeal with the bid depth was an inflection point for this Jul-Aug rally.  

My new view of the market:



I wouldn't be suprised to see flat for an entire year.

I notice one thing in common with all of these charts:  they end up with the price on the moon....
[/quote]


maybe if you consider the previous ATH the moon. none of them go above ATH

[TERA]

maybe if you consider the previous ATH the moon. none of them go above ATH

My apologies. I stop drawing charts once it reaches ATH because I thought it was implied and obvious that a rally would start then. I never meant that the price would actually just stop at ATH, lol. Hmm maybe THIS is why people think I'm bearish?

[maker88]

maybe if you consider the previous ATH the moon. none of them go above ATH

My apologies. I stop drawing charts once it reaches ATH because I thought it was implied and obvious that a rally would start then. I never meant that the price would actually just stop at ATH, lol. Hmm maybe THIS is why people think I'm bearish?

exactly. that is exactly why imo.

[phatsphere]

Hmm maybe THIS is why people think I'm bearish?

Friendly advice:
I think you are just posting too much. Start your own thread, like other frequent posters did, and curate it to your liking.

It's a simple fact, that >90% of everyone posting predictions here gets it wrong. Those who post more often, get it wrong more often.

[oda.krell]

Hmm maybe THIS is why people think I'm bearish?

Friendly advice:
I think you are just posting too much. Start your own thread, like other frequent posters did, and curate it to your liking.

It's a simple fact, that >90% of everyone posting predictions here gets it wrong. Those who post more often, get it wrong more often.

Friendly advice:

I think your post belongs to those 90% wrong ones as well.

[Hyena]

Dafar? More like JAFAR!!

GTFO non-believer

Smite the heretic!

[Febo]

End of June. I was always saying same. It will happen now.

[Bit_Happy]

The market will find a very unpredictable way to launch the very same rally that so many people are expecting.

[inca]

I wish TERA would make another illustrated prediction so we can add it to our collections of Goofy Forecasts

Didn't Tera turn bull a few weeks ago though?

Aside from the usual trolls pretty much everyone is bullish right now.

In terms of short term trading (the next 6 months) I was bullish for the past 6 weeks, until 550 was breached. Now I am neutral and think there is an equal chance of rallying and of beginning a C wave down and the next 2 weeks of consolidation will be critical.

Long term I have always been bullish and remain bullish.

Jesus you keep that bullish enthusiasm well hidden.

[alani123]

The market will find a very unpredictable way to launch the very same rally that so many people are expecting.

Or aybe it won't. Since it's unpredictable you can't even say if it will.

[blatchcorn]

I wish TERA would make another illustrated prediction so we can add it to our collections of Goofy Forecasts

Didn't Tera turn bull a few weeks ago though?

Aside from the usual trolls pretty much everyone is bullish right now.

In terms of short term trading (the next 6 months) I was bullish for the past 6 weeks, until 550 was breached. Now I am neutral and think there is an equal chance of rallying and of beginning a C wave down and the next 2 weeks of consolidation will be critical.

Long term I have always been bullish and remain bullish.

Jesus you keep that bullish enthusiasm well hidden.

Hahaha Tera don't you think it is a strong indicator that everyone except you thinks you are too negative?

[boumalo]

9pages of posts in 3days! We are all thinking about that price of a few thousands and it feels like we are getting closer, maybe it's due for 2014 Q4

[TERA]

I wish TERA would make another illustrated prediction so we can add it to our collections of Goofy Forecasts

Didn't Tera turn bull a few weeks ago though?

Aside from the usual trolls pretty much everyone is bullish right now.

In terms of short term trading (the next 6 months) I was bullish for the past 6 weeks, until 550 was breached. Now I am neutral and think there is an equal chance of rallying and of beginning a C wave down and the next 2 weeks of consolidation will be critical.

Long term I have always been bullish and remain bullish.

Jesus you keep that bullish enthusiasm well hidden.

Hahaha Tera don't you think it is a strong indicator that everyone except you thinks you are too negative?

It's an indicator that everyone is short sighted.

[FattyMcButterpants]

I wish TERA would make another illustrated prediction so we can add it to our collections of Goofy Forecasts

Didn't Tera turn bull a few weeks ago though?

Aside from the usual trolls pretty much everyone is bullish right now.

In terms of short term trading (the next 6 months) I was bullish for the past 6 weeks, until 550 was breached. Now I am neutral and think there is an equal chance of rallying and of beginning a C wave down and the next 2 weeks of consolidation will be critical.

Long term I have always been bullish and remain bullish.

Jesus you keep that bullish enthusiasm well hidden.

Hahaha Tera don't you think it is a strong indicator that everyone except you thinks you are too negative?

It's an indicator that everyone is short sighted.

i tend to think this way as well. it's sensible to be bullish long term, but there are cycles within cycles, and retracements to be made. it's not all up, up, UP and bubbles nonstop. i think the bubble will happen when the bulls start losing faith, after we break some long term supports and rebound. fakeout stylee.

[Wary]

Hmm maybe THIS is why people think I'm bearish?

Friendly advice:
I think you are just posting too much. Start your own thread, like other frequent posters did, and curate it to your liking.

It's a simple fact, that >90% of everyone posting predictions here gets it wrong. Those who post more often, get it wrong more often.

Friendly advice:

I think your post belongs to those 90% wrong ones as well.

Friendly advice: when advising, don't forget to include actual advice. 

[BetMoose]

Wow this thread is crazy, how did I miss it during my daily crawl..

Anyway; if anyone wants to instantly enter into a bet with someone else, try https://www.betmoose.com - create and share here like this:

___________

BTC Price 7/4/14 above $700? JeezusChrist says YESOptions: Yes | No

we have a few bitcoin price predictions already but you can start your own, more the merrier!

Cheers,

[blatchcorn]

I wish TERA would make another illustrated prediction so we can add it to our collections of Goofy Forecasts

Didn't Tera turn bull a few weeks ago though?

Aside from the usual trolls pretty much everyone is bullish right now.

In terms of short term trading (the next 6 months) I was bullish for the past 6 weeks, until 550 was breached. Now I am neutral and think there is an equal chance of rallying and of beginning a C wave down and the next 2 weeks of consolidation will be critical.

Long term I have always been bullish and remain bullish.

Jesus you keep that bullish enthusiasm well hidden.

Hahaha Tera don't you think it is a strong indicator that everyone except you thinks you are too negative?

It's an indicator that everyone is short sighted.

So you are right and everyone else is wrong? 

[Wary]

I wish TERA would make another illustrated prediction so we can add it to our collections of Goofy Forecasts

Didn't Tera turn bull a few weeks ago though?

Aside from the usual trolls pretty much everyone is bullish right now.

In terms of short term trading (the next 6 months) I was bullish for the past 6 weeks, until 550 was breached. Now I am neutral and think there is an equal chance of rallying and of beginning a C wave down and the next 2 weeks of consolidation will be critical.

Long term I have always been bullish and remain bullish.

Jesus you keep that bullish enthusiasm well hidden.

Hahaha Tera don't you think it is a strong indicator that everyone except you thinks you are too negative?

It's an indicator that everyone is short sighted.

So you are right and everyone else is wrong? 

Why not? Last year, when price was at 800 range everybody was laughing at rpetilla who said that he is leaving the forum until price drops to 500. The price have dropped. He was right and everybody else wrong.

[TERA]

I wish TERA would make another illustrated prediction so we can add it to our collections of Goofy Forecasts

Didn't Tera turn bull a few weeks ago though?

Aside from the usual trolls pretty much everyone is bullish right now.

In terms of short term trading (the next 6 months) I was bullish for the past 6 weeks, until 550 was breached. Now I am neutral and think there is an equal chance of rallying and of beginning a C wave down and the next 2 weeks of consolidation will be critical.

Long term I have always been bullish and remain bullish.

Jesus you keep that bullish enthusiasm well hidden.

Hahaha Tera don't you think it is a strong indicator that everyone except you thinks you are too negative?

It's an indicator that everyone is short sighted.

So you are right and everyone else is wrong?  

Why not? Last year, when price was at 800 range everybody was laughing at rpetilla who said that he is leaving the forum until price drops to 500. The price have dropped. He was right and everybody else wrong.

After the gox drop to 400 even repietlia claimed it was never going below 500something again, and I was the one who corrected him and said it was going to 300s, and ended up being right.

[blatchcorn]

I wish TERA would make another illustrated prediction so we can add it to our collections of Goofy Forecasts

Didn't Tera turn bull a few weeks ago though?

Aside from the usual trolls pretty much everyone is bullish right now.

In terms of short term trading (the next 6 months) I was bullish for the past 6 weeks, until 550 was breached. Now I am neutral and think there is an equal chance of rallying and of beginning a C wave down and the next 2 weeks of consolidation will be critical.

Long term I have always been bullish and remain bullish.

Jesus you keep that bullish enthusiasm well hidden.

Hahaha Tera don't you think it is a strong indicator that everyone except you thinks you are too negative?

It's an indicator that everyone is short sighted.

So you are right and everyone else is wrong?  

Why not? Last year, when price was at 800 range everybody was laughing at rpetilla who said that he is leaving the forum until price drops to 500. The price have dropped. He was right and everybody else wrong.

After the gox drop to 400 even repietlia claimed it was never going below 500something again, and I was the one who corrected him and said it was going to 300s, and ended up being right.

Prove it.