Jim Wyckoff Thursday December 26, 2019 08:08
(Kitco News) – Bitcoin-U.S. dollar prices are again near steady in early U.S. trading Thursday. The holiday season is making for quieter dealings. The bulls have stopped the price downtrend to get back on a level near-term technical playing field with the bears. Recent price action has produced a bullish double-bottom reversal pattern on the daily chart, which suggests a market bottom is in place. Bulls do need to show more power soon to suggest a price uptrend can be sustained. Stay tuned.
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