Bitcoin daily chart alert - Prices still in pause mode

November 4, 2019

New York (Nov 4)  Bitcoin-U.S. dollar prices are again near steady in early U.S. trading Monday, on some more chart consolidation following recent gains. Recent price action has formed a bullish pennant pattern on the daily bar chart, but another price surge needs to occur very soon for the bulls, or the chart pattern will be negated. The bulls still have the overall near-term technical advantage.


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