Bitcoin Daily Chart Alert - Chart Consolidation Early This Week - April 17
Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price trend reversals. Jim's unique and exclusive daily technical report is an absolute must for any trader/investor/market watcher who closely follows Bitcoin.
(Kitco News) - Bitcoin-U.S. dollar prices are firmer in early U.S. trading Tuesday. Some backing and filling on the charts is featured early this week. Bulls still have some upside momentum but need to show some fresh strength soon to keep it. Stay tuned! Jim Wyckoff