Bitcoin daily chart alert - Bears back in firm control

New York (Jan 7)  Bitcoin-US dollar prices are lower and hit a 3.5-month low in early U.S. trading Friday. Serious chart damage has been inflicted this week and the bears have the firm near-term technical advantage amid a price downtrend in place. That suggests the path of least resistance for prices in the near term will remain sideways to lower.

KitcoNews