(Kitco News) – Bitcoin-U.S. dollar prices are a bit firmer in the futures and weaker in the cash, in early U.S. trading Monday. Prices over the weekend hit a 12-month high and then backed off sharply to form a bearish “key reversal” down on the daily bar chart, which is one early technical clue that a market top is in place. The do bulls still have the overall near-term technical advantage as a price uptrend remains in place on the daily chart. This week’s price action will be extra important for the Bitcoin bulls. Stay tuned.
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