Bitcoin is AAPL's speculative cousin, the exuberantly irrational side of the bull market. It, too, appears to be in a topping pattern, which I've sketched speculatively as head-and-shoulders formation.
Intermediate decline in progress. I would even suggest that we are in the bloodbath phase, this is when you see selling panic hit from the traders. Perma-bears will come out and start making incorrect calls.
I think we need to talk about gold $1,900 right now, not at all about $2,500 here. Gold is right at resistance (Bollinger Bands). Gold reacting to the Ukraine situation as well..
