Bitcoin daily chart alert - Bulls challenging record high

October 20, 2021

New York (Oct 20)  Bitcoin-US-dollar are weaker in early U.S. trading Wednesday, on a normal pause following strong gains this week that have pushed prices to a six-month high and within striking distance of a new record high. The Bitcoin bulls have the strong overall near-term technical advantage. There are no strong, early chart clues to suggest a market top is close at hand. That means more price upside is likely in the near term.

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