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Bitcoin November 17 daily chart alert - Bulls fade a bit

Kitco News

(Kitco News) - Friday, November 17-November Bitcoin futures prices are slightly up in early U.S. trading Friday. The recent higher price volatility favors the bears, as it’s one early warning signal of a topping process in the market. Also, see at the bottom of the chart that the MACD indicator has just produced a bearish line crossover signal. The BC bulls do still have the overall near-term technical advantage but need to show fresh power soon to keep it. Stay tuned!-- Jim Wyckoff

Bitcoin bulls face test as BTC price corrects to $36k

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