Probably not yet. But the question never what it's doing now, it's always what it will be doing in the future. While gold and silver are bouncing along what may (or may not) be a bottom, BTC continues to assault its (parabolically arrived-at) all-time highs.
A short piece on some simple, common-sense indicators that may reflect on BitCoin.
By Turd Ferguson | Wednesday, December 4, 2013 at 11:11 am
Longtime Turdites will recall the forecast that set Turd on this path. Issued at a time when nearly everyone thought the PM bull market was dead, "Turd's Bottom" in early 2011 proved to be an important turning point. We are once again at such a crossroads.
By Turd Ferguson | Tuesday, December 3, 2013 at 7:18 pm
My friend Dan at Future Money Trends sends over these videos from time to time and asks me to consider posting them. Given the current state of the miners and the new lows of the HUI, I thought this was timely.
DISCLAIMER: The charts and analysis provided here are not recommended for trading purposes. Trade at your own risk. The Turd provides knowledge not direction. Turd holds no liability for your trades and decisions but he's happy to take credit when credit is due, particularly through the "donate" button. Read more...