Bitcoin Daily Chart Alert - Bulls Are Fading Again

New York (Mar 27)  Bitcoin-U.S. dollar prices are lower in early U.S. trading Monday. Bears are regaining downside momentum and the bulls need to step up and show some power early this week, to avoid fresh chart damage being inflicted. The bears do have the overall near-term technical advantage.

By 1:55am EST Tuesday, Bitcoin was at 7899, but is still up from recent low of 7,394. Needless to say the trend is downward.

NewYorkNews