Bitcoin May 10 daily chart alert - Bulls still wobbly at mid-week bitcoin crypto Cryptocurrencies
- May Bitcoin futures prices are near steady in early U.S. trading Wednesday. Prices have recently fallen to test the key support line, at around 27,000, seen on the chart. Bulls remain a bit wobbly at mid-week.
A drop below that support line would give the bears fresh power to suggest a fresh leg down in prices in the near term. Right now, the bulls and bears are on a neutral overall near-term technical playing field.
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