Bitcoin daily chart alert – Downside correction in existing uptrend – Dec. 9

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 lower again in early U.S. trading Wednesday, on what is so far a normal downside correction in an existing price uptrend. Bulls do now need to step up and show some fresh power soon. Bulls are still in firm overall near-term technical control. Stay tuned!




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.