Bitcoin daily chart alert - This week's pause not bearish

November 1, 2019

New York (Nov 1)  Bitcoin-U.S. dollar prices are near steady in early U.S. trading Friday, on some more chart consolidation following recent solid gains. This week’s price action has formed a bullish pennant pattern on the daily bar chart, suggesting another price surge is coming soon. The bulls have the firm overall near-term technical advantage, which suggests more price gains in the near term.


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