Bitcoin daily chart alert - Bulls work to recover from Thursday's punch

June 12, 2020

New York (June 12)  Bitcoin-U.S. dollar prices are higher early Friday, on a corrective bounce from Thursday’s solid losses. The recent “collapse in volatility” suggested a bigger price move was on the horizon, and it occurred on the downside Thursday. The bulls still have the overall technical advantage but need to show more power to keep a price uptrend alive on the daily chart.


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