Bitcoin daily chart alert - Backing and filling is not bearish

October 26, 2021

New York (Oct 26)  Bitcoin-US dollar are a bit weaker in early U.S. trading Tuesday. The market is now seeing some routine "backing and filling" in an existing uptrend. The Bitcoin bulls still have the solid overall near-term technical advantage. There are no strong, early chart clues to suggest a market top is close at hand. That means more price upside is likely in the near term.

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