Bitcoin Oct. 13 chart alert – Weaker prices amid risk aversion

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(Kitco News)Bitcoin-U.S. dollar prices are lower and hit a four-week low in early U.S. trading Thursday. It appears the keener risk aversion in the marketplace today is prompting selling pressure on Bitcoin. Bulls are disappointed that Bitcoin has not been more attractive as a safe-haven asset the past several weeks. Bears have regained the near-term technical advantage now, to suggest more price pressure in the near term. Stay tuned!

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