Bitcoin Daily Chart Alert - Bears Maintaining Technical Advantage - Nov 13
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 down Tuesday. Not much new. Bulls have faded recently and the bears are maintaining the overall near-term technical advantage, amid narrow daily trading ranges. Both the bulls and bears are awaiting more price volatility. Stay tuned!