Bitcoin daily chart alert - Bulls still on the ropes

January 25, 2022

New York (Jan 25) Bitcoin-US dollar prices are near steady in early U.S. trading Tuesday after hitting a six-month low Monday. The bears still have the strong overall near-term technical advantage amid price downtrend firmly in place on the daily bar chart. The bulls have heavy lifting to do in the near-term to try to break the price downtrend.

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