Bitcoin daily chart alert - Bulls fading, need to show some power soon

August 27, 2020

New York (Aug 27)  Bitcoin-U.S. dollar prices are weaker in early U.S. trading Thursday. Bulls are fading  this week but still have the overall near-term technical advantage. However, a five-week-old price uptrend in place on the daily chart is in serious jeopardy and bulls need to show fresh power soon to keep it alive.


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