Here is bitcoin since the start of 2012.
We're at point four, which much like points two and three, is in my opinion, nearing the top and the bubble is about to burst. This is mainly because the price rise is going parabolic, and when it does, it tends to crash back down. Just like a jet fighter going up vertical, it will stall and drop.....
Based on the fact that when the bubble burst after point three, it bottomed out near the top of point two, I believe that when four's bubble bursts it'll bottom out near the top of point three. Roughly $1000~$1100.
So buying in at the line, point one, will be my target.
All alt crypto currencies are pumped and hyper inflated right now, the same will happen to all of them, and worse.
Goodluck to anyone thinking of getting involved, especially so if right now.