 |
Get all the essential market news and expert opinions in one place with our daily newsletter. Receive a comprehensive recap of the day’s top stories directly to your inbox. Sign up here! |
(Kitco News) – May Bitcoin futures prices are solidly lower in early U.S. trading Friday. Trading remains choppy and sideways in a range. The bulls and bears are back on a neutral overall near-term technical playing field. The direction in which prices move above or below the range, defined by resistance and support lines seen on the chart, will very likely be the direction of the next sustained trending price move.
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 the full article here