Bitcoin daily chart alert – Corrective bounce Friday – May 13

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 higher in early U.S. trading Friday, on a routine upside correction after prices Thursday hit a 16-month low. Bears still have the solid near-term technical advantage amid a downtrend in place on the daily bar chart. More downside is likely in the near term. 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.