Bitcoin daily chart alert - bears in near-term control

September 27, 2019

New York (Sept 27)  Bitcoin-U.S. dollar futures prices are weaker in early U.S. trading Friday, as the bears are working on extending a downtrend on the daily bar chart. Bitcoin prices hit a nearly 3.5-month low this week and serious near-term chart damage has been inflicted. The bears are in firm near-term technical control, to suggest more downside in the near term.


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