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BTC/USD: Faces Strong Resistance
Bitcoin initially did try to rally during the trading session here on Friday, yet again, as the $120,000 level continues to be very important. The $120,000 level has been like a brick wall for this market and the weekly candlestick looks very much like it's going to end up being a shooting star. We've had several shooting stars during the week, so perhaps we get a little bit of a pullback and that would make a certain amount of sense considering that we had shot straight up in the air, consolidated a bit, shot straight up in the air again, and now we are trying to consolidate. That being said, I don't have any ... (full story)
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