Bitcoin Daily Chart Alert - Bulls Stabilize Prices At Mid-Week

New York (July 31)  Bitcoin-U.S. dollar futures prices are near steady in early U.S. trading Wednesday. Bulls have stabilized the market so far this week. But they need to step up and show some significant power soon to avoid serious chart damage being inflicted. A drop in prices below the July low, which is close by, would produce serious technical damage to suggest a sustained price downtrend.

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