Bitcoin daily chart alert - Volatility collapses

NEW YORK (May 27)  Bitcoin-U.S. dollar prices are weaker in early U.S. trading Thursday. The sideways and choppy price action continues and volatility has collapsed. This collapse in volatility recently suggestings a much bigger price move is on the horizon. Bulls and bears are fighting for near-term technical control, with neither gaining much traction lately. The direction of the expected bigger price move could well be the direction of the next trending price move. Stay tuned!

KITCO