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Bitcoin daily chart alert—Bulls work to stop the bleeding

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(Kitco News) - Bitcoin-U.S. dollar prices are higher in early U.S. trading Thursday, as the bulls work to stabilize prices after Wednesday’s big downdraft that pushed prices to a four-month low. Bulls have more heavy lifting to do in the near term. The Bitcoin bears have the firm overall near-term technical advantage as prices are trending lower. There are no early chart clues that a market bottom is close at hand. Stay tuned!

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