Bitcoin sells off after $44K resistance tap, eliciting scrutiny from options traders

Bitcoin (BTC) fell more than 2% from local highs during Jan. 13 in the latest move to keep market participants guessing about what’s to come for the largest digital asset. 

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

“One step at a time”

Data from Cointelegraph Markets Pro and TradingView tracked the pullback for BTC/USD after the pair hit its highest levels in more than a week.

A trip to $44,450 on Bitstamp after the Wall Street open was followed by an hourly candle that…


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