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Bitcoin daily chart alert - Bullish chart pattern developing - Jan. 13

Kitco News

Editor's Note: 2020 is expected to be another year of significant uncertainty and turmoil. But the question is what asset will emerge the victor when the dust settles from the global trade war, Brexit, recession threats, negative bond yields. It's a showdown of global proportions, so don't miss all our exclusive coverage on how these factors could impact your 2020 investment decisions.

(Kitco News) - Bitcoin-U.S. dollar prices are slightly up in early U.S. trading Monday, on some chart consolidation and backing and filling from recent gains. This price action has produced a bullish pennant pattern on the daily bar chart. The Bitcoin bullsl have the overall near-term technical advantage suggest sideways or sideways-to-higher price action in the near term. Stay tuned.

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