Bitcoin daily chart alert - Bears still have the advantage

May 19, 2022

NEW YORK (May 19)  Bitcoin-U.S. dollar prices are firmer in early U.S. trading Thursday. Not much new recently. The sideways price action recently, also called a pause, is not uncommon after a bigger price move. The present pause does slightly favor the bears as prices are still in a downtrend and bears still have the firm overall near-term technical advantage

KITCO

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