Bitcoin Daily Chart Alert - Prices Pounded On U.S. Gov’t Crypto Criticism

July 17, 2019

New York (July 17)  Bitcoin-U.S. dollar futures prices have been hammered to a four-week low at mid-week. A price uptrend on the daily bar chart has now been negated to suggest Bitcoin has put in at least a near-term market top. Prices early Tuesday appeared to be weathering pretty well a serious bashing from U.S. government officials the past few days, including President Trump. But then a tongue-lashing delivered by U.S. lawmakers later Tuesday to a FaceBook official regarding Libra appears to have tipped the bullish boat. Stay tuned.


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