Both bitcoin and litecoin have stayed ranged-bound since their uptrends ended last week. Bitcoin has been moving in a relatively tight range between $408 and $422 dollars. The crypto is currently quoted at $415 dollars per coin, only 1.2 percent higher since last Tuesday. Litecoin moved between $3.20 and $3.36 dollars and is quoted at $3.28 right now.
Bitcoin Waits for Direction
After the end of its rally last week, BTC/USD has traded undecided. Like we said above, since last Tuesday we traded between $408 and $422. But during the past four days we saw this range narrow further to only $10 dollars. With ranges you can never be sure when prices will break out, but it pays to be prepared so let’s take a look at some levels.
Read More https://blog.fxopen.com/bitcoin-litecoin-wait-for-direction/