12 May Bitcoin daily chart alert – Bulls work to stabilize market Tuesday – May 12
(Kitco News) – Bitcoin-U.S. dollar prices are near steady Tuesday morning and appear to have stabilized the market following a sharp downside correction the past few days, after hitting a 2.5-month high last week. A price uptrend is still in place on the daily chart and bulls have the overall near-term technical advantage. The bulls do need to step up and show fresh power very soon to keep the uptrend alive. Stay tuned.
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals…