Bitcoin Daily Chart Alert - Prices At 4-Week High - Mar. 21
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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 are slightly higher and at a four-week high in early trading Thursday. Bulls continue to show just enough power to keep a mild uptrend on the daily bar chart alive. That suggests the path of least resistance for prices will remain sideways to higher in the near term. Stay tuned!