Bitcoin daily chart alert - Market stabilizes at mid-week

NEW YORK (May 11)  - Bitcoin-U.S. dollar prices are higher in early U.S. trading Wednesday, as the bulls have stabilized prices after the recent strong selling pressure that earlier this week drove prices to a nearly 10-month low. Bears still have the firm near-term technical advantage, amid a downtrend line in place on the daily bar chart.

KITCO