Judging from the ratio chart of $BTC versus GLD, it would seem that Bitcoin might have a long, long, LONG way to go before it reaches meaningful support.
Bitcoin futures have had $10,000 blasted off of them in just a few days. The fact that Coinbase ($COIN) came public last week is just all too perfect. Here are the /BTC futures, augmented by the brilliant but admittedly weird-looking young creator of Ethereum.
