Bitcoin daily chart alert - Modest downside correction Thursday

February 18, 2021

New York (Feb 18)  Bitcoin-U.S. dollar prices are weaker in early U.S. trading Thursday, on a routine corrective pullback after hitting an all-time high well above $50.000 earlier this week. Bitcoin bulls are still in strong technical command, amid a price uptrend firmly in place on the daily chart, to suggest still more upside in the near term. There are no strong, early technical clues to suggest a market top is close at hand.


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