WorldForex_Eng

BTC/USD low volatility trading

Long
BITFINEX:BTCUSD   Bitcoin
BTC/USD looks like major fiat currency pairs in the past couple of weeks. The currency pair seems to have big trouble in breaking through the closest resistance area at 6,781. What is the main reason for this?
We think that the lack of news and important events makes trading BTC/USD so difficult. As you may see it on the chart, the price stays within a very tight range. We think, anyway that BTC/USD is likely to reach 6,781 in the nearest future. Stay tuned and watch for our updates.

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