Bitcoin Daily Chart Alert - Market Takes U.S. Bashing In Stride

New York (July 16)  Bitcoin-U.S. dollar futures prices are modestly weaker in early U.S. trading Tuesday, but appear to have weathered pretty well a serious bashing from U.S. government officials the past few days, including President Trump. A price uptrend is still in place on the daily bar chart. Bulls need to defend the July low. If it’s penetrated on the downside, the price uptrend on the daily chart would be killed.

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