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BTC/USD: Looking for Support
Bitcoin has drifted a little bit lower during the early hours here on Thursday as we are hanging around the $110,000 level, trying to sort out whether or not this is going to be support or not. After all, it had been support and resistance multiple times previously, but we had broken below it a little bit. Now we are back above it. So, the question is, does it become a magnet for price? It could be in the short term mainly due to the fact that we have the non-farm payroll announcement on Friday and that will have a lot of people uh looking at the overall risk appetite. Non-farm payroll itself isn't necessarily ... (full story)
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