Bitcoin daily chart alert - Bulls wilting again late this week

New York (Jun 4)  Bitcoin-US dollar are solidly lower in early U.S. trading Friday. Bulls were making some progress this week, but have faded badly Friday. Recent price action has formed a bearish symmetrical triangle pattern on the daily bar chart. The Bitcoin bears have the overall near-term technical advantage and prices are also in a near-term downtrend on the daily chart.

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