For the past two weeks both Bitcoin and Litecoin have been stuck in a relatively tight ranges. Compared to last Tuesday, BTC/USD is down by only 1 percent, from $415 to $410.74. Litecoin is down by a larger 3 percent, from $3.28 to $3.18 dollars per coin. But let’s start with big brother and we’ll get back to LTC later in the article.
Bitcoin Little Changed as Range Continues
Like we noted above, Bitcoin is barely changed since last Tuesday. The total range during the past seven days is only $13.47 dollars, or just above 3 percent. On the chart below this range in marked with a yellow rectangle. As you can probably deduce the size of this range, no major levels were broken since our last BTC update.
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