This Gann fan is hitting so many pivot price points (marked in blue rectangles) that it seems to be worth watching the coming weeks.
It makes forecasting easy. Either we stay above the 9/1 Gann fan which started in Summer 2013 and slowly start a new uptrend in Winter 2014 - or the price falls much much lower.
---------------------------------------------------------------------------
UPDATE ONE. 25 DAYS LATER (October 1st, 2014)
---------------------------------------------------------------------------
I can't recommend to buy Bitcoin since my idea of a bottom at $450 failed to establish and we are even below $400 as of today in early October:
ChartArt
⋅
---------------------------------------------------------------------------
UPDATE ONE. 3 DAYS LATER (September 9, 2014)
---------------------------------------------------------------------------
We are right on the edge. We are dancing almost on the bottom. So far it's holding us up after the big PayPal news.
ItisCalvin
⋅
I've got something similar I have been working on for a few days now. I haven't been up to getting around and finishing it.
UPDATE ONE. 25 DAYS LATER (October 1st, 2014)
---------------------------------------------------------------------------
I can't recommend to buy Bitcoin since my idea of a bottom at $450 failed to establish and we are even below $400 as of today in early October: