Make Kitco Your Homepage

Bitcoin daily chart alert - Bulls work to stabilize prices - Jan. 26

Kitco News

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 Wednesday. Bulls at mid-week are trying to stabilize the market after prices hit a six-month low Monday. The bears still have the solid overall near-term technical advantage amid a price downtrend still firmly in place on the daily bar chart. The bulls have more heavy lifting to do in the near-term to try to break the price downtrend. 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.