Bitcoin daily chart alert – Routine downside correction Friday – April 16

Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here!

(Kitco News)Bitcoin-U.S. dollar prices are lower in early U.S. trading Friday and seeing a normal downside correction after prices hit a record high earlier this week. The bulls still have the strong overall technical advantage to suggest more new highs are coming. A price uptrend is firmly in place on the daily bar chart. Remember traders, “the trend is your friend.” Stay tuned!






Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.