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Bitcoin Continues to Attempt Basing Pattern
Bitcoin fell during the early part of the Monday session, as appetite for digital assets continues to struggle. Bitcoin has fallen during the early hours on Monday and as we continue to see a lot of noisy behavior the market continues to struggle with the $68,000 level. This is an area that is a bit of a fulcrum for price. It is almost like a magnet for both buyers and sellers, but when I look at this current chart setup you can see that there has been a lot of back-and-forth behavior with the $72,000 level above being a bit of a barrier. If we can break above that barrier then obviously it would be very bullish. ... (full story)
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