Bitcoin daily chart alert - Bulls hanging tough at mid-week

January 13, 2021

New York (Jan 13)  Bitcoin-U.S. dollar prices are near steady Wednesday and are this week seeing a downside correction after hitting a record high last week. So far, this is a routine chart consolidation in an uptrend that remains in place on the daily bar chart. The bulls do need to step up and show more power soon to keep the uptrend alive. This will be an extra important trading week for the Bitcoin bulls. The bulls do still have the overall technical advantage.


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