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Which way are we going?
BTCUSD
, 60
BTCUSD: Which way are we going?

Bitcoin has been truly unstoppable in November. The 100% gain of October is now water under the bridge. As November comes to a close the price action is finally showing moderate resistance at gold levels. The question is how much gas is left in the tank, or did we just set a new paradigm? Did Bitcoin just hit a tipping point of high demand for years to come? The...

11-25-13 Still cooling off from the blow off
BTCUSD
, 30
BTCUSD: 11-25-13 Still cooling off from the blow off

Let me know if you agree with this chart and statement. The price action is still consolidating in order to find a fair value before it moves at 1,000 again. The utility and need for an alternative store of value will carry this thing forward methodically; slowly. But if great bitcoin news (like Newegg accepting for ex.) hits then the rocket will be reignited....

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