News Bites
Bitcoin daily chart alert - Choppy, sideways grind continues - Jun. 7
(Kitco News) - Bitcoin-U.S. dollar prices are solidly lower in early U.S. trading Tuesday, after trading solidly up Monday. Price action remains choppy and sideways as the bulls and bears are on a level near-term technical playing field and fighting to a draw. More choppy and sideways price action is likely in the near term. The direction in which prices break out of the present trading range will likely be the direction of the next significant trend (up or down) in the market. Stay tuned!
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