Bitcoin and Litecoin Awaiting Consolidation Breakouts

By May 29, 2015Bitcoin Business

Both cryptocurrencies bitcoin and litecoin have been consolidating since last week, and continue to do so as we head into the weekend.

Bitcoin (BTCUSD) 1H Chart 5/29 bitcoin 1h chart 5/29 (click to enlarge)

The 1H bitcoin chart shows a market that has been slightly bearish this week as price retreated from about 243 to about 235. Within this range, the central pivot is around 239, and btcusd has been trading under this pivot for […]

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