Bitcoin Daily Chart Alert—Bulls Fading Fast; Price Uptrend Killed

July 2, 2019

New York (July 2)  Bitcoin-U.S. dollar futures prices are lower and hit a nearly two-week low Tuesday morning. Bulls are fading fast and need to show fresh power very soon. A price uptrend on the daily bar chart has been negated. The higher daily price volatility at higher price levels is not bullish and is one technical clue of a topping process. Remember to stay tuned right here because that’s where you’ll get more of those early chart clues on price trend changes, or price acceleration!


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