Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price trend reversals. Jim's unique and exclusive daily technical report is an absolute must for any trader/investor/market watcher who closely follows Bitcoin.
(Kitco News) - Bitcoin-U.S. dollar areareagain near steady in early U.S. trading Thursday. Volatility has now died down.The bears have the overall near-term technical advantage as fresh technicalclues are awaited. Stay tuned!
By Jim WyckoffFor Kitco News
Follow @jimwyckoff