Market Analyst: Bitcoin Needs SEC Blessing to Continue Rally

As Bitcoin’s price continues to trade sideways amidst a bout of low trading volume, investors are becoming increasingly keen to know which direction Bitcoin will move next. This will likely signal the continuance or reversal of the persisting bear market trend.
Today, Bitcoin was trading relatively flat, trading within the tightening range between $6,500 and $6,700, at a current price of $6,550 at the time of writing.
Bitcoin has been caught in an unprecedented and tightening range fo