Bitcoin Nov. 9 daily chart alert - Crypto market turmoil fuels the bears

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- Bitcoin-U.S. dollar prices are lower in early U.S. trading Wednesday as the bulls try to stabilize a very shaky market that saw BC prices Tuesday careen to a nearly two-year low. Bears have quickly gained technical power to suggest still more downside price pressure in the near term. The marketplace is still buzzing about the turmoil in the crypto currency markets on Tuesday that spilled over into safe-haven buying in gold and sharply boosted the yellow metal’s and silver’s prices.

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All eyes are on elections in the U.S. as the crypto market trades sidewaysBitcoin and the wider crypto market traded flat on Monday as the U.S. prepares for the most contentious midterm elections in several decades.
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