Bitcoin Ranging

2017년 1월 10일

Bitcoin has been ranging around the price of 880 - 910. We currently have what seems to be a bilateral pattern. Depending on what level Bitcoin breaks will show us the direction it wants to go. Looking purely at volume, it has decreased dramatically which makes me believe there is a larger chance of seeing bitcoin drop a little bit more to the 730-750 levels. We have to wait and see. I do not recommend anyone to trade Bitcoin at this time until we see the direction.