Bitcoin daily chart alert – price action turns bearish

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(Kitco News)Bitcoin-U.S. dollar prices are sharply lower Thursday and have just seen a bearish downside “breakout” from a triangle pattern on the daily chart. The price uptrend on the daily bar chart is also now in jeopardy. The bulls still have the  overall technical advantage but are now fading and need to step up and show fresh power soon to keep the price uptrend alive. Stay tuned!




Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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