Bitcoin daily chart alert - Normal corrective pullback Thursday

January 9, 2020

New York (Jan 9)  Bitcoin-U.S. dollar prices  weaker in early U.S. trading Thursday, on a corrective pullback from recent gains that pushed prices to a seven-week high earlier this week. The Bitcoin bulls still have the overall near-term technical advantage suggest sideways to higher price action in the near term. Recent price action has produced a bullish double-bottom reversal pattern on the daily chart, which suggests a market bottom is in place.


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