Bitcoin Daily Chart Alert - Bulls Try To Stop The Bleeding - Nov 21
Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price trend reversals. Jim's unique and exclusive daily technical report is an absolute must for any trader/investor/market watcher who closely follows Bitcoin.
(Kitco News) - Bitcoin-U.S. dollar prices are higherin early trading Wednesday, on a corrective bounce after Tuesday hitting a newlow since the inception of futures trading. The Bitcoin bears still have thesolid overall near-term technical advantage and still have downside momentum tosuggest still more price pressure in the near term.Stay tuned!
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