Bitcoin daily chart alert - Bulls stabilize prices Friday morning

New York (May 21)  Bitcoin-US dollar are a bit higher in early U.S. trading Friday. It’s been a rough week for the BC bulls. They are working to stabilize prices after Wednesday’s big downdraft that pushed prices to a four-month low. Bulls have more heavy lifting to do in the near term. The Bitcoin bears have the firm overall near-term technical advantage as prices are trending lower. There are no early chart clues that a market bottom is close at hand.

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