Bitcoin daily chart alert – Bulls work to stop the bleeding – May 10

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(Kitco News)Bitcoin-U.S. dollar prices are higher in early U.S. trading Tuesday, as the bulls work to recover from the recent strong selling pressure that earlier this week drove prices to a nearly 10-month low. Bears still have the solid near-term technical advantage, amid a downtrend line in place on the daily bar chart, to for now suggest still more downside price pressure in the near term. Stay tuned!






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