News that Peter Thiel Invested In Bitcoin Triggers an Early January Pop

The WSJ is reporting that Peter Thiel and his Founders (Venture Capital) Fund, have invested hundreds of millions of dollars of cryptocurrency . The news popped Jan. Bitcoin futures above key resistance at 14,500-15,000, which represents both the prior rally high and its Dec.- Jan. resistance line. The ability of Jan. Bitcoin to sustain above 14,500 greatly increases the likelihood of upside continuation towards a revist of the 12/27 recovery rally high at 16,70...