Weekly MACD now officially Green - first time since January

[Arghhh]

Some facts:

April 2013's Bubble:
2013-04-09 Peak to 2013-07-05 Bottom: 87 days.

November 2013's Bubble:
2013-07-05 Bottom to 2013-11-30 Top: 148 days.
2013-11-30 Peak to 2014-04-10 Bottom: 131 days.

The November 2013's bubble has much more liquidity than that of April 2013's, hence the longer time period to deflate.

Assuming proportional similarity...

87/131 = 148/X

Hypothetical 2014's Bubble:
2014-04-10 Bottom to 2014-11-18 Peak: 222 days.

This can be driven by the possibility of positive US regulation news in Q4 2014.
$650-$800 is about right for the summer.

[zimmah]

Assuming proportional similarity...

i don't think that's an assumption you can just make like that.

especially not based on so little historical data.