Bitcoin daily chart alert - Bulls losing some steam

August 19, 2021

New York (Aug 19)  Bitcoin-US dollar are lower again in early U.S. trading Thursday. This week’s pause, or sideways price action, is not bearish. However, the bulls are fading a bit and need to show fresh power soon to keep their overall near-term technical advantage and to keep a price uptrend in place on the daily bar chart.

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