Bitcoin daily chart alert - Market stabilizes this week

New York (Dec 10) Bitcoin-US dollar prices are firmer in early U.S. trading Friday. This week’s pause, or smaller, sideways daily price movements, is not overly bullish. However, bulls can correctly argue they have stabilized prices this week. More sideways price action next week would give the bulls some more strength. But right now the bears have near-term technical control. Prices are still in a downtrend on the daily bar chart.

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