Bitcoin daily chart alert - Bulls make a strong stand, turn the market around

December 23, 2019

New York (Dec 23)  Bitcoin-U.S. dollar prices  are higher and hit a two-week high in early U.S. trading Monday. The bulls have dug in their heels and stopped the price downtrend. Now, the bulls have momentum and strength to push prices at least sideways in the near term, if not sideways to higher. Recent price action has also produced a bullish double-bottom reversal pattern on the daily chart, which also suggests a market bottom is in place.


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