Bitcoin continues to power higher during the Monday session as it looks like we are willing to step in and continue the overall consolidation. With that being the case, the markets continue to be very noisy and I think at this point, you have to look at them through the prism of basically just going back and forth between two levels. Quite frankly, the Bitcoin market sees the $60,000 level underneath as a major support level, and the $73,000 above as a major resistance level. The 50-day EMA sits right in the middle as well, and it does suggest that market participants continue to see a lot of volatility and ... (full story)