Bitcoin (BTC) has been incurring significant selling pressure as of late that has caused significant damage to its technical strength. This selling pressure is coming in spite of some bullish fundamental developments that have occurred as of late, including the state-sponsored Bank of China offering what can be defined as a bullish outlook on Bitcoin....The post Bitcoin Faces Weak Technicals, But Bank of China’s Interest in BTC May Be Bullish appeared first on NewsBTC.