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Bitcoin Grasps for Support After Sizable Sell-Off
Bitcoin shed more than $20k after the resistance hold at the $125,000, but a bounce showed up before sellers could push a re-test of the $100k psychological level and while the rally held in through the weekly open, a stunning turn showed yesterday with bears taking another shot today. From the daily chart buyers still haven’t been able to re-take control after the resistance hold at the $125k level a few weeks ago. What started as a mild retracement turned into a full-fledged pullback after the Trump threat of increased tariffs on China, and BTC/USD still hasn’t recovered from that despite buyers taking a few ... (full story)
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