Calling a five months target at $211 - next prediction on page 7 :)

[fairglu]

Just for the fun of it and the record.

Why? Because a bunch of lines on a drawing converge there, and 211 because it's the nearest prime.

No idea what happens after the "singularity" on 2015 April Fool's, but being an irredeemable bull I would say up.

[MoreFun]

You are the Picasso of price charting.

[kolloh]

Draw a bunch of lines at predicted price. Call it science

[bigtimespaghetti]

You didn't need that many lines, you could have used 2 or 3...

My gut feeling is that we could grind lower from here. My gut is sometimes wrong though!

[peter378]

Here is what I think of your chart

Your enhancement of the chart puts it in it's true light.

[Ryse]

Words cannot describe my amazement at that chart.

There is now a fine line between dump & hodl

[NotLambchop]

Just for the fun of it and the record.

Why? Because a bunch of lines on a drawing converge there, and 211 because it's the nearest prime.

No idea what happens after the "singularity" on 2015 April Fool's, but being an irredeemable bull I would say up.

Puts things in perspective

[Ron~Popeil]

211 would be a nice buying opportunity for the bullish. I am not sure how many weak hands are left to panic it down that far but bitcoin always seems to surprise me.

[dakota neat]

a) GABI to buy $200 Million in Bitcoin
b) GABI cooperating with Bitfinex
c) Bitfinex which has become the lead exchange obviously driving down the price

Keep selling them cheap coins

[noma]

Well, the price did drop to 275$ last month, and looking at the current trend, it is very wellpossible.

[exocytosis]

Double digits by April 2015.

[DeadCoin]

$211 is a bit too bullish. It could easily be in lower 100s or two digits by then

[maker88]

a) GABI to buy $200 Million in Bitcoin
b) GABI cooperating with Bitfinex
c) Bitfinex which has become the lead exchange obviously driving down the price

Keep selling them cheap coins

careful now, logic is looked down upon round these parts. just refer to the post above this one if you don't believe me!

[MrBig]

$211 is a bit too bullish. It could easily be in lower 100s or two digits by then

I think many people are still holding onto their coins hoping for signs of a trend reversal in 2015. If that doesn't happen, then we could see a large crash as people give up and dump their btc.

[exocytosis]

$211 is a bit too bullish. It could easily be in lower 100s or two digits by then

You obviously don't have much trust in this coin.
BTC is the most revolutionary payment system right now that grows to be more popular each month.

More popular each month, huh? So how do you explain the fact that the price has been falling for almost a year now?

Have you heard about the concept of "supply and demand"? Do you know what a falling price indicates?

[yayayo]

I appreciate the hard high quality work of analysis that's being done in this thread.  It really shifts the standard for TA to a whole new level - worldwide.

I feel overwhelmed especially by the innovative technique of converging lines that are the foundations of the revolutionary Red-Phalloid-Indicator (RPI), which is the only indicator that can accurately predict big market eruptions.

ya.ya.yo!

[abs350]

Already called it a few weeks ago at $200

https://bitcointalk.org/index.php?topic=829490.0

[fairglu]

those are not a bunch of lines TO a specific point, those are a bunch of lines FROM a specific point.

Some evoked the possibility Satoshi was a time traveler, could that point be his origin?

[btcxyzzz]

Probably will happen, but not because of your irrational graph, but because it was way overpumped in 2013.

[dbkeys]

Well, the price did drop to 275$ last month, and looking at the current trend, it is very wellpossible.

It did not last down there very long at all; Bounced right back up to just under 400.