Bitcoin daily chart alert - Bulls need to show power soon

January 5, 2022

New York (Jan 5)  Bitcoin-US dollar prices are a bit weaker in early U.S. trading Wednesday. The recent pause, or quieter sideways price action, is not bullish. While Bitcoin bulls are working to stabilize prices, they need to step up and show fresh power soon to avoid fresh chart damage. More losses in the near term would produce new technical damage.

KitcoNews

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