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BTC/USD Forecast: Bitcoin Sluggish on Tuesday
Bitcoin has been noisy during the Tuesday session, which is not a huge surprise considering that it went straight up in the air for about 4 or 5 days. Bitcoin recently formed a pretty significant ascending triangle at the crucial region of $60,000. The $60,000 level is a large round psychologically significant figure that a lot of people will of course be watching. The fact that we gave back early gains is probably not a huge surprise. The markets have been pretty jittery in general during the session on Tuesday, so of course Bitcoin would take it on the chin. Furthermore, I think a little bit of a pullback probably ... (full story)
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