BitcoinLong
Fractal simulation
This prediction was obtained using a mathematical model based on fractals.
The predicted curve seems consistent with Fibonacci channels.
The model seemed okay to some extent in the past concerning the broad guidelines and temporality,
but the fluctuations due to the news still overlap, so the prediction starts with a disparity of about 200 USD
(predicted curve starting today at 600 USD, but this does not mean that an immediate decline is expected).
Past model predictions, however, show that the true curve should reach the predicted curve at some places,
and that the downward trend is expected to continue until April 2014,
when a low point of around 400 USD (MTGOX) should be achieved.
A first low point around or below 450 USD should be achieved by March 2014.
The predicted curve seems consistent with Fibonacci channels.
The model seemed okay to some extent in the past concerning the broad guidelines and temporality,
but the fluctuations due to the news still overlap, so the prediction starts with a disparity of about 200 USD
(predicted curve starting today at 600 USD, but this does not mean that an immediate decline is expected).
Past model predictions, however, show that the true curve should reach the predicted curve at some places,
and that the downward trend is expected to continue until April 2014,
when a low point of around 400 USD (MTGOX) should be achieved.
A first low point around or below 450 USD should be achieved by March 2014.
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