This chart represents a continuation of an idea from my previous (poorly described) chart following a simple trend line from 2013 into 2015, and now into 2024.
Top Chart:
Going into 2015 I don't think we'll see BTC fall below its support line that's currently just below 220. There's just too much good news coming out of the Bitcoin eco system at the moment. Great buying opportunity if it does though.
Bottom chart:
I share a view with many that the MtGox bots played a massive role in the unhealthy spike of Oct/Nov 2013.
333.31 or thereabouts at the start of march.
Externals like exchange hacks, security measures and regulation will dictate where we go from there.
*First published chart.
