Good analysis... but unlike previous bubbles the BTC rise has been fairly stable... I don't see the price crashing 50% at $2400. I agree with you it has more room to go but I think it has a LOT of room to go. Wouldn't be surprised if the BTC bubble lasts for another few months with prices going well beyond $3-$4K. When alt coin bubble pops there will be a lot of $ coming back into BTC. If consensus is actually reached BTC price will rally. The rising transaction rate and coinbase users indicate real growth unlike what we've seen in 2013. I think BTC will still need to have a boom and bust cycle... a slow and steady rise for the last year isn't much of a boom.... although price doubled in 1 month I think the top of this bubble will be more clear after we see much larger weekly candles
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Great analysis. Following. Agree with you also.