BITCOIN IS NOT A BUBBLE

I was wondering, and I am sure that you were too, whether this is the end of bitcoin or not. Hopefully, the bitcoin economy grew massively during last year. I am sure, that this is the one and only factor which blocked bitcoin from falling apart.

Have a look at the chart. Isn't it a beautiful, regular structure? Is it similar to the bubble? blue-point-trading.com/wp-content/uploads/2013/04/bubble-stages.gif

A year ago it could have been a bubble. For now we know, that the retracement is a regular decending channel.