Bitcoin daily chart alert - Price pop rescues bulls

December 19, 2019

New York (Dec 19)  Bitcoin-U.S. dollar prices  near steady in early U.S. trading Thursday, following solid price gains and a bullish reversal that occurred on Wednesday. That price action suggests a near-term market bottom is in place. However, the bulls need to show some follow-through upside price action this week to confirm such. More gains in the near term would also produce a bullish double-bottom reversal pattern on the daily chart.


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