Bitcoin traders are waiting for the next move in prices before jumping on-board. We are still range-bound with no clear direction. Litecoin is in a similar predicament , likely waiting for its big brother to make the first move.

Bitcoin Higher by 90 Cents

Bitcoin is trading barely changed compared to the prices seen seven days ago. We’re now quoted at $608.69 per coin. Last Tuesday, we recorded the price of $607.79 in our previous BTC article. The high-to-low range was a bit higher with BTC/USD topping out at $611 and hitting a low of $598. But both of those moves fizzled out quickly and the prices withdrew back inside the range. The rectangle below shows the price action during the past seven days. Read More https://blog.fxopen.com/bitcoin-traders-wait-for-next-move/