Bitcoin daily chart alert - Bears in command

NEW YORK ( June 16)  Bitcoin-US dollar prices are weaker and near this week’s 1.5-year low in early U.S. trading Thursday. The bears have the strong near-term technical advantage amid a price downtrend in place on the daily bar chart. The bears have the power to push prices still lower in the near term. There are no early chart clues that a market bottom is close at hand. You will get those early clues right here. Stay tuned!

KITCO