Bitcoin Daily Chart Alert - Choppy Price Action This Week - Jan. 10
Editor's Note: Welcome to Kitco's 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 lower in early U.S. trading Thursday. Trading has been choppy and sideways for nearly three weeks. Bulls need to soon show the power to push prices above the recent sideways trading range, to produce a bullish technical breakout that would then suggest another leg up in prices. Stay tuned!