Bitcoin daily chart alert—Routine price consolidation late this week

November 12, 2021

New York (Nov 12)  Bitcoin-US dollar prices are lower in early U.S. trading Thursday, on a normal corrective pullback after prices hit a record high earlier this week. A price uptrend remains firmly in place on the daily bar chart. The Bitcoin bulls still have the solid overall near-term technical advantage, to suggest more upside in the near term.

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