Bitcoin Daily Chart Alert - Bulls Struggling, Need To Make A Stand

New York (July 29)  Bitcoin-U.S. dollar futures prices are lower in early U.S. trading Monday. Bulls are on the ropes and need to step up and show power soon to avoid serious chart damage being inflicted. A drop in prices below the July low, which is now closeby, would produce serious technical damage to suggest a sustained price downtrend. Bulls have their work cut out for them this week.

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