Bitcoin Price Prediction for 3/17/2016

Mar 17, 2016 --- (ARCHIVED) Free Reports

Market Commentary:  

Well, it doesn't get much more boring than this despite a Fed meeting and volatility in the legacy markets yesterday, which empirically signals that a big move is on the horizon.  

The phenomenon of range contraction followed by range expansion is even more amplified in the cryptocurrency markets due to lower liquidity and fewer participants, meaning that when price gets this constrained on charts all the way from the hourly to the daily we should expect an explosive move in the not too distant future.

get trapped!