Bitcoin daily chart alert – Bulls work to stabilize the market – Dec. 7

Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here!

(Kitco News)Bitcoin-U.S. dollar prices are firmer in early U.S. trading Tuesday. Bulls are working to stop the bleeding after prices last weekend careened to a nine-week low. Bulls have some heavy lifting to do in the near term. Bears still have firm near-term technical control. Prices are still in a downtrend on the daily bar chart.







Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.