Bitcoin Price Daily Chart Alert - Key Chart Support Now In Jeopardy - Jan 31

January 31, 2018

London (Jan 31)  Bitcoin-U.S. dollar prices are firmer in early U.S. trading Wednesday. However, Tuesday’s big losses now put the market in jeopardy of falling below key chart support at the January low of around $9,200. Bitcoin-U.S. Dollar remains in a firm price downtrend on the daily chart. Bears have the overall near-term technical advantage. It will take a move in prices above chart resistance at $13,000 to give the bulls some technical strength. Stay tuned!


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