Currently the Cryptocurrency market, namely BTC in particular, is experiencing an indecision phase. Of course, this is an obstacle for traders. This obstacle makes the scope for execution limited. So why did the market enter this phase?
1. BTC appears to be moving in a sideways trend and in a sideways range. When it touches support or resistance it appears to re-enter that area.
2. The central economic factor in the US is currently entering the waiting phase for the election of a new president. This will of course affect the inflow of funds.