Bitcoin daily chart alert - Bearish diamond pattern forms

New York (Nov 5)  Bitcoin-US dollar are weaker again in early U.S. trading Friday. Bulls are keeping alive a price uptrend on the daily bar chart. However, the recent sideways and choppy trading has now formed a potentially bearish diamond pattern on the daily bar chart. The Bitcoin bulls have the overall near-term technical advantage, but need to show fresh power soon.

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