Bitcoin initially tried to rally during the Friday session but gave back gains as we continue to see a lot of noisy behavior. Ultimately, this is a market that I think will continue to be noisy. And it does make a certain amount of sense, considering that we had shot straight up in the air, gaining something like 92% in six or seven weeks. This move has been massive, and of course out of control recently. The BTC/USD market has been one of the favorites as of late, but like most fads on Wall Street, it tends to be fleeting – at least for a while. Hot Money? Its Already in the Market That is a significant amount of ... (full story)