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Tin.Foil
Feb 24, 2015 1:14 AM

Greenspan says Gold to increase over next 5 years.. Long

Gold/U.S. DollarFXCM

Description

While looking at Gold vs Bitcoin and reviewing fib retractment for Gold, I noticed a possible BTC trend..

Gold at 60% retractment.. anyone see anything significant on this chart with BTC?

I'm looking at the dip Nov 2013 and a similar dip Jan 2015.. from Nov 2013 until ATH, value went up at least 10x. Value at dip in 2013 was about $75 and ATH was about $1100 or 14.66 times increase. If dip at Jan 2015 = 160, then ATH could hit $2345 ATH within 3-4 months.
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