Bitcoin daily chart alert - Bears have near-term advantage

New York (Oct 25)  Bitcoin-U.S. dollar futures prices are higher in early U.S. trading Friday, on a corrective bounce following strong losses Wednesday that dropped prices to a five-month low and produced a technically bearish downside “breakout” from the recent sideways trading range. The bears still have the overall near-term technical advantage to suggest more downside price pressure is coming.

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