It was probably pretty difficult to trade through the New Year open without hearing about what was happening in Bitcoin. Making matters all the more interesting, even as risk factors continued to flare, Gold prices dropped precipitously while Bitcoin put in a major bullish breakout, eventually tagging the $42,000 level last Friday. But – rarely do bullish trends translate in a linear fashion, and shortly after this week’s open Bitcoin began to pullback and, at one point, had retraced the bulk of last week’s breakout before finding some buyer support. That bounce has now led into a round of digestion, and this ... (full story)