Bitcoin Daily Chart Alert - Market Pauses After Big Down Day Thurs.
New York (Oct 12) Bitcoin-U.S. dollar prices are slightly up in quieter trading after hitting a multi-week low Thursday. The recent “collapse in volatility” in prices on the daily bar chart suggested a bigger price move was coming and we got it Thursday. The bears now have the solid overall near-term technical advantage to suggest more downside price pressure in the near term.
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