Bitcoin daily chart alert - Weaker price action this week

New York (Dec 27)  Bitcoin-U.S. dollar prices  are lower in early U.S. trading Friday. The holiday season is making for quieter dealings, but the bears had the better week. While the bulls have stopped the price downtrend, the have faded this week and need to show some fresh power. Recent price action has produced a bullish double-bottom reversal pattern on the daily chart, which suggests a market bottom is in place.

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