Incoming third bubble..? - page 3. | Bitcointalksearch.org

zby

legendary

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Quote from: spazzdla on June 27, 2016, 09:04:19 PM

http://bitcoincharts.com/charts/bitstampUSD#rg1460ztgSzm1g10zm2g25zv

http://bitcoincharts.com/charts/mtgoxUSD#rg1460zczsg2010-06-29zeg2013-01-28ztgSzm1g10zm2g25zv

December?

we are here ish..>?

http://bitcoincharts.com/charts/mtgoxUSD#rg1460zczsg2010-06-29zeg2012-08-28ztgSzm1g10zm2g25zv

notably similar.

I think this is spot on. But we'll need to wait a bit longer than this December.

In the MtGox chart the pre-bubble pad to the $15 peak is 273 days and then the part that you don't show from the $15 peak to the bubble start is another 137 (to 1.01.2013 - the price then was still about $13.5 and it was about to start bubbling up). The downslide is 133 days - so it is about three times less.

Now the downslide was 413 days (to 14.01.2015 the bitstamp lowest point) or 629 (18.08.2015 - the bitfinex lowest point).

So if we want to have the same proportions the next bubble should start either

about 1200 days after 14.01.2015 - that is May 2018
or
about 1900 days after 18.08.2015 - that is October 2020

Wow that was surprising even for me how far away it gets.

helloeverybody

legendary

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★YoBit.Net★ 350+ Coins Exchange & Dice

It would seem a bit to predictable to have another bubble before the halving now, Id more expect nothing to happen all the way up to the halving and then maybe some time after (a few months maybe) We might see a small bubble. The way i see it is theres no point in having bubbles if they are just going to burst. What we need is actual growth for/after the halving to maintain prices. Not just artificial inflation.

zby

legendary

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Quote from: martinacar on June 28, 2016, 01:11:15 AM

Quote from: ~Bitcoin~ on June 28, 2016, 12:11:47 AM

I am hoping over 800$ within few weeks before halving and if this third one became strong and price become stable at over 800, $1k will not be hard to reach.

It's hard to say/predict. From what I have learned bitcoin is not to be analyzed like traditional charts.
Technical analysis seems close to impossible with bitcoin.

That is the opposite of what I experience. I would never try to TA traditional stocks - their charts look so random - while in bitcoin the TA rules more or less work (stuff like parts of EW, divergencies, trend lines, etc).

Dekker3D

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Quote from: martinacar on June 28, 2016, 01:11:15 AM

Quote from: ~Bitcoin~ on June 28, 2016, 12:11:47 AM

I am hoping over 800$ within few weeks before halving and if this third one became strong and price become stable at over 800, $1k will not be hard to reach.

It's hard to say/predict. From what I have learned bitcoin is not to be analyzed like traditional charts.
Technical analysis seems close to impossible with bitcoin.

Yes, technical analysis is way different in bitcoin due to price manipulation by traders. But unfortunately some bunch of people rely to the candlestick methods to 'guess' the next price movement.

martinacar

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Quote from: ~Bitcoin~ on June 28, 2016, 12:11:47 AM

I am hoping over 800$ within few weeks before halving and if this third one became strong and price become stable at over 800, $1k will not be hard to reach.

It's hard to say/predict. From what I have learned bitcoin is not to be analyzed like traditional charts.
Technical analysis seems close to impossible with bitcoin.

~Bitcoin~

legendary

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I am hoping over 800$ within few weeks before halving and if this third one became strong and price become stable at over 800, $1k will not be hard to reach.

mrkavasaki

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