Bitcoin daily chart alert – Bulls work to stop the bleeding – Jun. 17

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(Kitco News)Bitcoin-U.S. dollar prices are a bit firmer in early U.S. trading Friday, but not far above this week’s 1.5-year low. The bears have the strong near-term technical advantage amid a price downtrend in place on the daily bar chart. The bulls are working to stabilize the market, but have more work to do to even suggest stability. Bears have the solid near-term technical advantage. Stay tuned!

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