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Bitcoin Continues to Hang in a Range

From dailyforex.com

Sometimes, it isn’t what a market is doing that is interesting, sometimes it is what it won’t do. Bitcoin continues to be very noisy as we see a lot of questions asked about whether or not we can turn things around and start taking off to the upside. We are in the midst right now, at least in my opinion, of trying to figure out which direction we are going to go longer term. It’s worth noting that we have seen a lot of noise out there as far as risk appetite is concerned and that makes quite a bit of sense considering that we have been going sideways for a while. It’s worth noting that despite the fact that there’s ... (full story)

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  • Category: Technical Analysis