I have been quite vocal over the past couple of months about Bitcoin’s tendency to get choppy, volatile and unfriendly whenever it reaches the $60k-$70k zone. And it was no different this time around; Bitcoin entered the usual parabolic phase of the rally, media coverage of it exploded, the record high was achieved – then the inevitable shakeout began. You can view my prior analysis which laid the groundwork for the current shakeout below. But the question I now have is whether it will follow the usual route of a 50-70% bear market or hold ground, before extending its rally and heading for the much-touted $100k. As ... (full story)