Bitcoin daily chart alert - Bulls in serious trouble

February 27, 2020

New York (Feb 27)  Bitcoin-U.S. dollar prices hit another four-week low in early U.S. trading Thursday. The bulls have lost their overall near-term technical advantage as a price uptrend on the daily bar chart has been soundly negated with this week’s downside price action. Bears have momentum to push prices still lower in the near term.

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