Bitcoin daily chart alert – Bulls in serious trouble, price uptrend negated – Apr. 23

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(Kitco News)Bitcoin-U.S. dollar prices are sharply down and hit a six-week low in early U.S. trading Friday. Recent heavy selling pressure created a potentially bearish pennant pattern that has played out on the daily chart, and has also negated the price uptrend on the daily chart. The BC bulls have lost their near-term technical advantage and the bears have downside momentum. Stay tuned!

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