Bitcoin daily chart alert - more sideways, choppy trading

October 7, 2019

New York (Oct 7)   Bitcoin-U.S. dollar futures prices are weaker in early U.S. trading Monday. The bulls have stabilized the market recently. However, 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  this week would begin to suggest a near-term market bottom is in place.


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