Bitcoin daily chart alert - Bearish diamond pattern forms
New York (Nov 5) Bitcoin-US dollar are weaker again in early U.S. trading Friday. Bulls are keeping alive a price uptrend on the daily bar chart. However, the recent sideways and choppy trading has now formed a potentially bearish diamond pattern on the daily bar chart. The Bitcoin bulls have the overall near-term technical advantage, but need to show fresh power soon.
KitcoNews
