Bitcoin Daily Chart Alert - Bulls Working On Price Uptrend - Nov. 8
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 slightly lower Thursday on a mild corrective pullback after hitting a three-week high Wednesday. Bulls are still working on a price uptrend on the daily chart and they have gained some upside momentum this week.Stay tuned!