Bitcoin daily chart alert - market pausing as bulls, bears do battle

October 4, 2019

New York (Oct 4)  Bitcoin-U.S. dollar futures prices are again near steady in early U.S. trading Friday, as the bulls this week have stabilized the market after prices hit a nearly four-month low on Monday. A price downtrend remains in place on the daily bar chart. The bears are still in near-term technical control. However, more sideways price action early next week would begin to suggest a near-term market bottom is in place.

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