Bitcoin daily chart alert - Bulls stabilize prices Friday

February 25, 2022

New York (Feb 25)  Bitcoin-US dollar prices are higher in early U.S. trading Friday. Bulls have stabilized the market after Thursday’s big price downdraft. The BC bears still have the overall near-term technical advantage and the bulls have heavy lifting to do to start a price uptrend. More upside price action in the near term would produce a bullish double-bottom reversal pattern on the daily chart.

KITCO

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