Bitcoin Daily Chart Alert - Bulls Remain In Driver’s Seat - Apr. 10
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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 again slightly higher in early U.S. trading Wednesday, and trading not far below last week’s 4.5-month high. Bitcoin bulls still have the solid near-term advantage amid an uptrend in place on the daily bar chart, to suggest more sideways-to-higher price action in the near term. Stay tuned!