Bitcoin daily chart alert - Bulls still holding the aces

New York (Dec 3)  Bitcoin-U.S. dollar prices are weaker in early U.S. trading at mid-week, after hitting a record high Tuesday. Bulls are in solid overall near-term technical control and are keeping alive an uptrend on the daily chart. However, overall markets price history shows that the higher daily volatility seen at higher price levels is one early clue of a topping process in the market. That’s not to imply a market top is already in place, but that the timeframe for a market top to be hit is sooner rather than later.

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