Bitcoin daily chart alert - Bulls still in strong control

January 5, 2021

New York (Jan 5)  Bitcoin-U.S. dollar prices are weaker in early U.S. trading Tuesday, on a normal corrective pullback or pause from recent big gains that saw prices hit a record high last weekend. A strong price uptrend remains in place on the daily bar chart. Bulls still have the solid technical advantage and there are still no early clues that a market top is close at hand. Expect higher volatility on the upside and downside in the near term.


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