Traders refrain from more pronounced buying as the market remain vulnerable after several hacks in South Korea. By the way, the recent incident with Bithumb continues to be a risk for the digital currency, as one of the largest exchange in Asia is yet to confirm which tokens from the lost $30 million in cryptocurrencies were stolen in a massive attack.
BTCUSD has been trading within a tight range and struggles for short-term direction. The coin still needs to regain the $6,800 area to continue its corrective rebound from early-February lows around $6,000. But a wider picture will improve only above $7,800. The immediate support comes at $6,600.