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WorldForex_Eng

BTC/USD is still within a tight range

Bitcoin (BITFINEX:BTCUSD)  
WorldForex_Eng  
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Trend Lines Candlestick Analysis
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Bitcoin is still in a narrow range which is unnatural for the currency pair taking into consideration the past years. The delayed ETF launch shifts the focus from BTC to other assets. We think that ETF decision won’t be taken until 2019.

The currency pair is currently within the range limited by 6177 and 6781. The volatility is low and the pair is unable to reach the borders of this range.
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