Bitcoin May 9 daily chart alert - Bulls work to defend key support

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Bitcoin May 9 daily chart alert - Bulls work to defend key support
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Bitcoin May 9 daily chart alert - Bulls work to defend key support Cryptocurrencies

- May Bitcoin futures prices are firmer in early U.S. trading Tuesday. Prices have fallen to test the key support line, at around 27,000, seen on the chart.

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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