As we all watched, bitcoin has made major moves lately as trends from around $100 just a month ago have moved up into the 200’s, actually reaching mid $230’s at one point.
It seems to be holding strong so far, while major swings may continue as large transactions occur globally, that shouldn’t be any reason to say bitcoin is too volatile. Bitcoin’s recent gains seem due to continued news reports and the natural awareness that raises.
Over the long run we will see this trend continue – bullish on bitcoin.