Hockey stick-shaped price action is one of the telltale signs of a bubble. Bitcoin’s sevenfold rally this year fits the bill. It started the year at $973 and rocketed north of $7,245 as of Friday, up 644% in 10 months. In Zimbabwe, the cryptocurrency blasted to $12,400 on Halloween.
from Forbes Real Time https://www.forbes.com/sites/trangho/2017/11/04/beware-of-the-bitcoin-bubble-investment-and-financial-advisors-warn/
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