Can you Predict the Rise and Fall of Bitcoin?

Bitcoin has been known to show irregularities in its value. This past Sunday, Bitcoin's price fell to a year-to-date low of $290.83. On December 4, 2013, the price had reached an all-time high of $1147. The prices exhibit a regular trend of fluctuations from time to time. Consider the past month of August, when prices varied in a range from $450 to $600 throughout the month. Even last month, there was consistent variation on a daily basis but in a lower range of $370 to $490 as compared to August.

The following illustrations show the Bitcoin price variations for August and September:

August 2014:


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