Bitcoin Daily Chart Alert - Prices Lower On Corrective Pullback - Feb 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 arelower in early U.S. trading Wednesday, on a corrective pullback from recentgood gains. The bulls still have some upside technical momentum to suggest theprice uptrend can continue in the near term. The next key upside technicaltarget for the bitcoin bulls is stiff chart resistance at $13,000.Stay tuned!
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