Bitcoin daily chart alert-Bulls become a bit wobbly

By Kitco News / November 18, 2021 / www.kitco.com / Article Link

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(Kitco News) - Bitcoin-U.S. dollar prices are lowerin early U.S. trading Thursday. A price uptrend on the daily bar chart is in jeopardy and the bulls need to show freshpower soon to keep it alive. More selling pressure in the near term wouldlikely negate the price uptrend to suggest a near-term market top is in place. Staytuned!

By Jim Wyckoff

For Kitco News

Contactjwyckoff@kitco.comwww.kitco.com
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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