Narrowing trading range for Bitcoin

Bradley Prior

MyBroadband Journalist
Staff member
Super Moderator
Joined
Oct 16, 2018
Messages
2,788
Narrowing trading range for Bitcoin

Bitcoin’s trading range is narrowing as speculators seek positions on the right side of a potential break-out.

Optimists are crowding into trades when it’s crossing above $10,000, while pessimists are looking to exit when it approaches $12,000, according to an analysis of Bitstamp’s volume-weighted prices over the past month. [Bloomberg]
 
Top