Bitcoin Daily Chart Alert - Price Downtrend Remains In Place

January 29, 2018

New York (Jan 29)  Bitcoin- U.S. dollar prices are slightly higher in early U.S. trading Monday. It’s been a quiet period for the crypto currency. However, bitcoin-U.S. Dollar remains in a price downtrend on the daily chart. Bears have the overall near-term technical advantage. That means the path of least resistance for prices remains sideways to lower. It will take a move in prices above chart resistance at $13,000 to give the bulls a technical boost. Stay tuned!


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