Bitcoin daily chart alert - Bullish chart pattern developing
New York (Jan 13) Bitcoin-U.S. dollar prices are slightly up in early U.S. trading Monday, on some chart consolidation and backing and filling from recent gains. This price action has produced a bullish pennant pattern on the daily bar chart. The Bitcoin bullsl have the overall near-term technical advantage suggest sideways or sideways-to-higher price action in the near term.
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