Bitcoin Holds in a Tight Range as Analyst Eyes a Potential ‘Interesting Week’ for BTC By Cointelegraph

©Reuters. Bitcoin Holds in a Tight Range as Analyst Eyes a Potential ‘Interesting Week’ for BTC

(BTC) hovered around $43,000 on Jan 17 as “boring” price action combined with signs that the market might be stabilizing.

1-hour candlestick chart of the pair (Bitstamp). Source: TradingView Leverage Off Record Highs Data from Cointelegraph Markets Pro and TradingView showed that the BTC/USD pair remained firmly within its established trading range of $40,000 to $45,000.

With few surprises expected thanks to the Wall Street holiday, traders took the opportunity to call for a no-nonsense approach to targeting altcoins.

Read the full article on Cointelegraph

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