Is Bitcoin starting to behave like Gold in 2011?
Well, no further comments - the chart shows what I mean. Points A, B, C, D and E are similar and the 1,2,3 upward correction looks like a typical Elliott Wave "abc" upward correction following an impulse leg down (CD on the chart):
Kudos to Jim Wyckoff at Kitco who is doing frequent analysis of the Bitcoin chart nowadays; here for instance:
Bitcoin charts are here: