Bitcoin daily chart alert – Bulls power prices to 2-mo. high – Jan. 14

Bitcoin daily chart alert – Bulls power prices to 2-mo. high – Jan. 14

(Kitco News) – Bitcoin-U.S. dollar prices are solidly up and hit a two-month high in early U.S. trading Tuesday. Tuesday’s price action produced an upside “breakout” from a bullish pennant pattern on the daily bar chart that I mentioned Monday. The Bitcoin bulls have the firm overall near-term technical advantage and have gained more power this week.