Oh, where oh where did my 10% swings go?
Could it be possible that the new money in has take their positions and now simply waiting for BTC to pick a direction. The number of “collared” at the CBOE remains very light. Trading within a tight range (+10% to -10%) will be a losing bet for these guys and they might pick up their balls and go home. Watching the gray volume chart we see one bump then a whole bunch of pedantic mediocrity.
What About Litecoin?
Meanwhile, LTC remains hot. As we stated on the Friday, money and buying patterns seem to be shifting into LTC. With our perfect reverse 20/20 vision we know where we would want to be investing!