Bitcoin daily chart alert—bears take control late this week

August 29, 2019

New York (Aug 29)  Bitcoin-U.S. dollar futures prices are lower and hit a four-week low in early U.S. trading Thursday. Bears have taken near-term technical control late this week and have established a price downtrend on the daily bar chart. Now, the path of least resistance for prices will be sideways to lower in the near term.


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