Bitcoin daily chart alert - Bulls struggle to keep price uptrend alive

New York (Apr 22)  Bitcoin-US dollar prices are weaker in early U.S. trading Thursday. Recent heavy selling pressure has created a potentially bearish pennant pattern on the daily chart. The BC bulls need to step up and show fresh power soon and need to keep prices above key chart support at last weekend’s low in order to keep the price uptrend on the daily chart alive. The bears are winning the battle this week.

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