Bitcoin Daily Chart Alert - Bears Gain Momentum Late this Week

August 22, 2019

New York (Aug 22)  Bitcoin-U.S. dollar futures prices are lower again in early U.S. trading Thursday. Bears this week have gained some downside technical momentum and are working on establishing a near-term price downtrend. There is strong technical support at the summertime lows. Bulls need to defend those summertime lows to avoid serious chart damage being inflicted.


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