BTC 2011 Retrace Analysis For 2013

06/09/13 01:22pm EST - Using our recent action as a guide - if you believe it will follow the same pattern as the 2011 decline - it would play out like this:
Reference Lows:
2011 Low Aug 6th 5.74 == 2013 Low June 9th 88.00
First Arc High/Low:
2011 Aug 26th (high 12.10) to 7.64 low (110.8% increase, then a 36.86% retrace)
2013 Equivalent would be 88.00 to 185, then a retrace to 117
Second Grind Lower:
2011 Sept 9th 4.18 low (45.2% retrace)
2013 Equivalent would be 117 to 64
Third Grind Lower:
2011 Oct 19th low 2.04 (51.1% retrace)
2013 Equivalent would be 64 to 31
Final Low:
2011 Nov 17th low 1.99 (2.45% retrace)
2013 Equivalent would be 31 to 30.24