Bitcoin daily chart alert - bulls fight back - Sept. 12
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 futures prices are firmer in early U.S. trading Thursday. Bears had some near-term momentum as prices have been trading sideways-to-lower the past week. However, bulls are now stepping up late this week and showing some power Bulls and bears are presently on a level near-term technical playing field. Stay tuned.