Bitcoin daily chart alert - Bears gain power over the weekend

December 6, 2021

New York (Dec 6)  Bitcoin-US dollar prices are lower in early U.S. trading Monday, but up from weekend lows that saw the market hit a nine-week low. Bears have firm near-term technical control. Prices are in a downtrend on the daily bar chart. The path of least resistance for prices remains sideways to lower.

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