Bitcoin Daily Chart Alert – Firmer Price Thursday – Sep 13

Story by:  Jim Wyckoff

Bitcoin-U.S. dollar prices are modestly up Thursday morning. The bears are still in overall technical control following the recent steep price declines. The recent pause in price action has produced a bearish pennant pattern on the daily chart. However, price gains on Friday would negate that bearish pattern and would give the bulls some fresh upside momentum. Stay tuned!

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