01 Feb '13, 12pm

Bitcoin Through $20 First Time Since July 2011

Bitcoin has a handle on $20 for the first time since July 2011 on its way down from $33. This time around, however, it is on its way to who knows where after beginning to rally one year ago, consolidating from Spring through Fall, before picking up steam for a month in September, correcting from about $15 back down to below $10, and then continuing its rise to $21 as of this evening on the sails of positive press for the digital currency. The digital currency has given central banks a cause for concern, causing government intelligence agencies, central banks and mainstream press outlets to write on the power of the payment processing solution.

Full article: http://maxkeiser.com/2013/02/01/bitcoin-through-20-first-...

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