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 weaker Friday on a normal corrective pullback and some chart consolidation. The bulls this week stabilized the market following some recent selling pressure. A price uptrend remains in place on the daily chart and a bullish symmetrical triangle has now formed. The bulls continue to show enough power to keep the price uptrend alive. 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.
Read more:Bitcoin daily chart alert – Another bullish chart pattern develops – May 29
