In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the January 12th session.
Bitcoin/USD — Lately, the bitcoin market has been very parabolic. However, bitcoin got hammered on Monday session. It was down by 21% and reached the $30,000 level to find support there and bounced. It is better to wait for pullbacks and buy bitcoin at much lower levels. This market is still in an uptrend. The $20,000 level could be a