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Bitcoin Apr. 27 daily chart alert - Bulls regain some footing

Kitco Media
By Jim Wyckoff
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Updated
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(Kitco News) - April Bitcoin futures prices are solidly higher in early U.S. trading Thursday. Bulls have stabilized the market and have regained some momentum late this week.  Now, they need to work to restart a price uptrend on the daily bar chart. The bulls and bears are still on a neutral overall near-term technical playing field. Stay tuned!

Bitcoin spikes above $28,000 as altcoins and stocks take a hit
Kitco Media

Jim Wyckoff

Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York. As a journalist, he has covered every futures market traded in the U.S., at one time or another.

Jim is the proprietor of the "Jim Wyckoff on the Markets" analytical, educational and trading advisory service. Jim also worked as a technical analyst for Dow Jones Newswires and as the senior market analyst with TraderPlanet.com. Jim is also a consultant with the highly respected "Pro Farmer" agricultural advisory service. Jim was also the head equities analyst at CapitalistEdge.com. He received his degree from Iowa State University in Ames, Iowa, where he studied journalism and economics.

Follow Jim daily on Kitco.com as he provides both AM and PM roundups and a daily Technical Special. 1 877 963-NEWS jwyckoff at kitco.com

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