|Day's Range||308.24 - 347.05|
|52 Week Range||220.63 - 1,790.12|
|Volume (24hr) All Currencies||1.96B|
It’s a sea of red in the early hours as investors look to lock in profits, an afternoon recovery dependent upon the news wires through the day.
The parent company of Brazil's largest independent broker is setting up a cryptocurrency exchange, Bloomberg reports.
The prices pushed higher towards the resistance in the $6600 region and have since corrected back towards the $6400 region
Another range bound start to the day for Bitcoin as investors consider the SEC’s next Bitcoin ETF application decision. It could get choppy later…
It’s a weak start to the day, but with the losses relatively minor a 2nd half of a day recovery could be on the cards if the news wires are friendly.
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Recovering from an early loss, Bitcoin will need to hold on to early gains for more upside later in the day, some profit taking likely to come into play.