We have a mixed bag this week as Bitcoin climbs higher but its little brother tests support. Bitcoin prices broke the previous swing high at $642 and hit a new high at $656 per coin before falling back. Litecoin on the other hand tested the support at $3.76 dollars. We’ll see how that turned out later on, for now let’s take a look at BTC/USD.
Bitcoin Stalls at $650 After Gains
Bitcoin prices peaked at $656.99 after taking another step higher. Those gains couldn’t be sustained however and soon BTC settled down close to the $650 round figure. We noted this level as potential resistance in our previous article. Imgur Read More https://blog.fxopen.com/bitcoin-surges-higher-litecoin-tests-support/
