(Kitco News) – Bitcoin-U.S. dollar prices are weaker and near this week’s 1.5-year low in early U.S. trading Thursday. The bears have the strong near-term technical advantage amid a price downtrend in place on the daily bar chart. The bears have the power to push prices still lower in the near term. There are no early chart clues that a market bottom is close at hand. You will get those early clues right here. Stay tuned!
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.