Bitcoin Daily Chart Alert - Sideways Grind Continues

February 7, 2019

New York (Feb 7)  Bitcoin-U.S. dollar are slightly up in early trading Thursday. While the bears still have the overall near-term technical advantage, they can’t push prices significantly down from here—and that is giving the bulls confidence. The quieter, choppy, sideways price action the past few weeks could now be bullish “basing” action at lower levels that produces a market bottom, and a sustainable price uptrend follows.


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