I follow your blog and up- vote often. I lean to bitcoin's rise was much, because it wasn't shorted. Now that the option to short bitcoin is available, it may slow its unbridled rise.

I come from the forex background where shorts play a role. Using that experience I do see bitcoin as bullish. Admittedly, I have never witnessed anything rise so fast in such a short period of time. To me, now that it can be shorted. Bitcoin may start experiencing normal retraces. If this be the case, 10,44x is a small retrace. A larger one at 8,777. Normally pa is attracted to these.
Pa has closed higher last week. It does appear very bullish, into resistance 11,670. I have a crystal ball, but it is broken. I don't own any Bitcoin. I don't have a dog in the race. I am just looking to buy at a lower price. If it stalls, without getting above 1,1671. Then it has a good chance of 8,777.

Respect to you, Gator.