Make Kitco Your Homepage

Bitcoin daily chart alert - Price pounded to 1.5-year low - Jun. 13

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 a sharply down and hit a 1.5-year low in early U.S. trading Monday. The bears have seized the solid near-term technical advantage, have produced a bearish downside "breakout" from the recent trading range, and have restarted a price downtrend on the daily bar chart. The bears now have the power to push prices still lower in the near term. Stay tuned!

Gold is great, but it's not Bitcoin: Edward Snowden talks independent money

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.