Bitcoin daily chart alert - Bulls make a stand this week

December 20, 2019

New York (Dec 20)   Bitcoin-U.S. dollar prices  near steady in early U.S. trading Friday, following solid price gains and a bullish  reversal that occurred Wednesday. That price action still suggests a near-term market bottom is in place. However, the bulls need to very soon show some follow-through upside price action to confirm a low is in place. More gains in the near term would also produce a bullish double-bottom reversal pattern on the daily chart.


Silver Phoenix Twitter                 Silver Phoenix on Facebook