Bitcoin Daily Chart Alert - A Quieter Trading Week, But... - Jan. 17
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 near steady in more quiet trading Thursday morning. Trading has turned very quiet and sideways this week, suggesting a bigger price move is likely very soon. Bears have the near-term technical advantage, to suggest that bigger price move will be to the downside. Stay tuned!