Bitcoin November 1 daily chart alert – Bulls are charging ahead with a technical edge, paving the way for an exciting and potentially lucrative ride in the world of cryptocurrency.
Bitcoin futures prices are slightly weaker in early U.S. trading on Wednesday, according to Kitco News. Recent price action has formed a bullish pennant pattern on the daily bar chart. However, prices need to see a bullish upside breakout yet this week, or the bullish pennant will be negated. The BC bulls still have the solid near-term technical advantage as a price uptrend is in place on the daily bar chart. Stay tuned for more updates. Please note that the views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc.