Bitcoin be Bitcoin. We know this.
However, looking at the charts a bit this morning, I feel like a clear pattern has emerged (at least for the next 2 months or so).
Using the last bull run as an anchor point, graph a trend line from the all time high to where we are today. Then do the same with the lowest-low since Jan. If there is any truth in charting at all (馃ぃ), it looks like that low trend line will be the floor at least until those 2 points meet. After that... anything is possible.
Of course, unforeseen events can change the course of the trend we see today (Amazon Coin, WWIII, etc), but this feels like a solid hypothesis to me.
What do you guys think about it?
