Bitcoin daily chart alert - Bulls back in business

New York (Jan 8)  Bitcoin-U.S. dollar prices  are up again and hit a seven-week high in early U.S. trading Wednesday, on more perceived safe-haven demand following the recent geopolitical shockwaves. The Bitcoin bulls have gained good upside momentum to suggest more gains in the near term. Recent price action has produced a bullish double-bottom reversal pattern on the daily chart, which suggests a market bottom is in place.

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