Both Bitcoin and Litecoin are closing in on their interim lows. Big Brother is trading 3 percent above the $234 swing low, while LTC is quoted just 0.40 cents above the $1.60 mark.

Bitcoin Nearing Support

Bitcoin prices are nearing the interim support level at $234 after yesterday’s losses. We are currently quoted at $241.71 per coin. The $234 support is marked with yellow on the chart below. The move appears to be largely technical as there have been no important news that we can blame for the recent sell-off.

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