Bitcoin July 12 daily chart alert – Waiting for a price breakout – Kitco NEWS


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(Kitco News)Wednesday, July 12–July Bitcoin futures prices are slightly firmer in early U.S. trading Wednesday. The bulls still have the overall near-term technical advantage amid choppy and sideways price action at higher levels. BC traders are waiting for a price “breakout” from the trading range. Bulls are hoping for an upside breakout that would suggest another leg up in prices. Bears want a downside breakout that would suggest a price downtrend developing.

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