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Bitcoin May 8 daily chart alert - Sideways and choppy trading continues

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(Kitco News) - May Bitcoin futures prices are solidly lower in early U.S. trading Friday. Trading remains choppy and sideways in a range. The bulls and bears are back on a neutral overall near-term technical playing field. The direction in which prices move above or below the range, defined by resistance and support lines seen on the chart, will very likely be the direction of the next sustained trending price move.

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