News Bites
Bitcoin Jan. 27 daily chart alert - Recent pause is not bearish
(Kitco News) - Bitcoin-U.S. dollar prices are a bit weaker in early U.S. trading Friday. Prices are pausing late this week after earlier this week hitting a four-month high. This pause is not bearish and suggests the bulls are energizing for another push higher. The BC bulls have the firm overall near-term technical advantage as a steep price uptrend is in place on the daily bar chart. That suggests more price upside is likely in the near term. Stay tuned!
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Bitcoin resilience gives bulls cause for hope as it holds above $23k |
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