Bitcoin stayed within a right range during the past six days. Meanwhile its little brother Litecoin continued the slide lower, losing another 7 percent since last Tuesday. But let’s start with big brother first.
Bitcoin Stuck in Range
Bitcoin has been stuck in a range between $216.12 and $230.96 dollars per coin since August 26th. After the large crash we saw an equally quick recovery, which didn’t quite reach the pre-crash prices. Since Wednesday we have been trading in this $14 dollars range. In the past four days, the range has shrunk further to only $7 dollars. The low of this newest range stands at $222.34 while the high is at $229.57.
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