Bitcoin is trying to start a recovery from $112,000, but bears may pose a substantial challenge at $117,000 and then at $120,000.
Key points:
Bitcoin is trying to take support near $112,000, but higher levels are likely to attract selling by the bears.
The deep pullback in several altcoins suggests the next leg of the up move may not happen in a hurry.
Data centers are driving record electricity demand, and the North American Electric Reliability Corporation is warning that...
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