Bitcoin daily chart alert - Bulls fading a bit at mid-week

August 26, 2020

New York (Aug 26)  Bitcoin-U.S. dollar prices are near steady Wednesday after seeing solid losses Tuesday. Bulls are fading a bit but still have the overall near-term technical advantage. However, a five-week-old price uptrend in place on the daily chart is now in jeopardy and bulls need to show fresh power soon to keep it alive.


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