Bitcoin daily chart alert - prices pausing at mid-week

October 9, 2019

New York (Oct 9)  Bitcoin-U.S. dollar futures prices are again near steady in early U.S. trading Wednesday. The bulls have stabilized the market recently. A price downtrend in place on the daily bar chart is now in jeopardy of being negated this week. More sideways price action this week would also begin to suggest a near-term market bottom is in place.

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