“According to Bloomberg, digital currency is all the rage in Silicon Valley. Everyone and his wife is trying to devise the new one. But it is bitcoin that has caught the imagination and caught a bid. A good investment needs a good story – and, boy, is bitcoin a good story. What’s more, chartists will look at that long-term chart and see a potential inverted head-and-shoulders pattern forming, which points to prices moving towards the $200 mark (if you want to trade this, by the way, put a stop somewhere in the $120-$130 area). All of which makes me want to buy in. But here’s the hitch.”
http://moneyweek.com/should-you-buy-bitcoins/
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