Bitcoin a bit over inflated

BITBAY:BTCUSD   Bitcoin / U.S. Dollar
Just to start, bubbles are waves that get over swollen.
At the moment Bitcoin hovers at around +100% premium over were you'd call it a good buy.
If it returns to the genisis line, then I'll happily buy. Stick on a running stop loss and keep it.
Comment: The bubble continues to grow
Comment: I was half expecting a decent shake out and a welcomed pull back to anything between $12-16k. It looks to me that it might not happen. Keeping positions on trailing stop loss. This looks like a big wave headed for $130k-200k.