Bitcoin daily chart alert - Normal chart consolidation late this week

October 29, 2020

New York (Oct 29)  Bitcoin-U.S. dollar prices are are lower in early trading Thursday, as the market is seeing a normal downside correction and some chart consolidation, after hitting a 16-month high on Wednesday. Bulls are still in firm technical control as prices are in an uptrend on the daily chart. There are still no early chart clues to suggest a market top is close at hand.


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