Bitcoin daily chart alert - Market stabilizes at mid-week

May 11, 2022

NEW YORK (May 11)  - Bitcoin-U.S. dollar prices are higher in early U.S. trading Wednesday, as the bulls have stabilized prices after the recent strong selling pressure that earlier this week drove prices to a nearly 10-month low. Bears still have the firm near-term technical advantage, amid a downtrend line in place on the daily bar chart.

KITCO

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