(EDITOR’S NOTE: First Mover will not publish Monday, Jan. 18 in honor of Martin Luther King Jr. Day in the U.S., a CoinDesk company holiday. The cryptocurrency market will be open, as it always is.) Bitcoin ( BTC ) was lower, trading around the $38,000 level where prices have gravitated for the past week. The market faces price resistance around $41,000, with support seen around $34,000, Mark Warner, head of trading for London-based BCB Group, a financial firm focused on digital assets, said in comments emailed by a spokeswoman. “A move above $42,000 will likely see a resumption of the heady gains we saw last week,” Warner said. Prices are up 29% so far in 2021, versus a 0.4% year-to-date loss for the Standard & Poor’s 500 Index of large U.S. stocks. In traditional markets , Asian and European shares fell and U.S. stock futures pointed lower on Friday, as anticipation of President-elect Joe Biden’s $1.9 trillion reli...
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