Bitcoin daily chart alert – Big downside correction – Nov. 27

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(Kitco News)Bitcoin-U.S. dollar prices are lower early Friday on a big downside correction from recent gains that saw prices hit a nearly three-year high and close to the all-time high scored in late-2017. Bulls are rattled and the price uptrend on the daily bar chart is now in jeopardy. Importantly, the bulls now need to step up and show power and stop the bleeding to keep the price uptrend alive. More downside pressure in the near term would produce serious chart damage to suggest a near-term market top is in place. Stay tuned!

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