Make Kitco Your Homepage

Bitcoin daily chart alert - Bears still have the advantage - May 19

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 Thursday. Not much new recently. The sideways price action recently, also called a pause, is not uncommon after a bigger price move. The present pause does slightly favor the bears as prices are still in a downtrend and bears still have the firm overall near-term technical advantage. Stay tuned!

Crypto 101 from SEC's Gensler: lies, disclosures & token ownership confusion in 'highly speculative' space

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.