Bitcoin Daily Chart Alert - Bulls Keeping Foot On The Gas

August 6, 2019

New York (Aug 6)  Bitcoin-U.S. dollar futures prices are near steady in early U.S. trading Tuesday but did hit a three-week high overnight. Safe-haven demand for the crypto continues amid an escalating U.S.-China trade war. Many speculate there is a flight of capital out of China, some of which is occurring via the purchasing of Bitcoin. The bulls have technical momentum and are working on a price uptrend on the daily bar chart.


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