Bitcoin has fallen rather hard during the trading week, breaking below the crucial $110,000 level. This is a large, round, psychologically significant figure, and an area that a lot of people will be paying attention to. The fact that we have broken below it is not a good sign, and the fact that the NASDAQ 100 seems to be falling apart will put quite a bit of negative pressure on Bitcoin as risk appetite is struggling. At this point, it would not surprise me at all to see Bitcoin continue to fall, but I would anticipate that the $100,000 level offering support. Gold had a very strong week, and as the stock markets ... (full story)