Okay, so since I posted the above chart on the 16/11, BTC has...

Okay, so since I posted the above chart on the 16/11, BTC has risen from around US$6,400 to US$8,143 (as I type). DCC on the other hand has gone from 22c to 19c during the same period.

This suggests one of a few possible scenarios ...

1. DCC is NOT linked to BTC prices and everything to date has been coincidence (not likely considering DCC's large holding of BTC).

2. The time lag is longer than expected and DCC is due for another serious run (possibly, but hard to predict).

3. DCC was overvalued at 22c and the disparity is narrowing as BTC increases in price (maybe).

In any case, the chart is currently pointing to a breakout one way or another IMO. Today's volume is the lowest since the 20/10 (the day b4 price broke out from previous trading range in the mid 6s) suggesting supply is drying up perhaps? Or it could mean demand has decreased? Price is sitting almost bang on the 20MA and Stochs just about in oversold territory.



My bet is on Scenario # 2. A bounce of the 20MA in the coming days followed by a test of the upper BB range and possibly beyond.

Let's assume I bought $10k worth today and see what happens ...