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Bitcoin Nov. 10 daily chart alert – Bulls struggle to stop the bleeding

Jim Wyckoff

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(Kitco News)Bitcoin-U.S. dollar prices are a bit firmer in early U.S. trading Wednesday as the bulls are struggling to stabilize a very shaky market that saw BC prices this week plunge to a nearly two-year low. Bears have the solid near-term technical advantage to suggest still more downside price pressure 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.

Source: https://www.kitco.com/news/2022-11-10/Bitcoin-Nov-10-daily-chart-alert-Bulls-struggle-to-stop-the-bleeding.html

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