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.

KitcoNews

Silver Phoenix Twitter                 Silver Phoenix on Facebook