I always write about this basic idea when it comes to any investing: which way is the market going, up or down? If you know, you are in great shape; if you don’t, you should not be playing at all. This is the question on bitcoin. All last year I was saying, “It’s going down, hopefully to about $2,500.” It hit the low $3,000s. Now bitcoin is going up and I will be saying “It’s going up.” I think it will hit $6,000 soon and go on to $10,000. At $10,000 I will look to recalibrate. For now the crypto winter is over. Here is the chart:pital from short-term moves, be that from bitcoin volatility or ‘fiat’ privations. Money ... (full story)