Bitcoin Daily Chart Alert - Prices Hit 4-Week Low - Mar 15
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. dollarprices areslightlylower in early U.S. trading Thursday and hit a five-week low. The bears havedownside technical momentum to suggest more selling pressure in the near term.Stay tuned! Jim Wyckoff
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