Both the Dow Jones Industrial Average and Bitcoin topped out on November 29, 2013Submitted by Apple on Sat, 12/14/2013 - 08:54
It is very interesting that both virtual currencies, Dow Jones Industrial Average(US Stock Market) and Bitcoin, topped out on November 29, 2013.
I'm not saying that this is the top of the markets, I'm saying the Dow(US Stock Market) is Bitcoin for the Super Rich. I'm saying that they are both are now correlated.
Both are being valued as a way of protecting wealth from bail-ins.
Therefore, as goes the Dow, so goes Bitcoin.
Is the Dow Jones Industrial Average in a bubble? Your answer may correlate to Bitcoin.
What do you think?