Bitcoin initially tried to rally during the trading session on Thursday but gave back gains yet again. The Bitcoin market looks miserable at the moment, and I don’t really see an argument for buying at this point. Yes, the $20,000 level is a large, round, psychologically important figure to pay attention to, but at this point, it looks as if we are grinding away and trying to break through. If we break down below the $18,000 level, it should open up an even deeper correction down to the $15,000 level. After that, I anticipate that the $12,000 level will be the target. In fact, my longer-term target for Bitcoin is my ... (full story)