In the past week both bitcoin and litecoin have ended their uptrend. Bitcoin bears barreled past the important $410 swing low, pushing prices to a low of $393.99 before a rebound occured. Litecoin fell to a low of $3.125 before stabilizing somewhat.
Bitcoin Breaks $410 Dollars
Bitcoin broke below the important $410 swing low last Saturday. In the selling that followed, a low close to $394 dollars per coin was hit. We have since rebounded somewhat with prices trading around $410 dollars at the moment.
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