Bitcoin daily chart alert - Bulls in serious trouble, price uptrend negated

 New York (Apr 23)  Bitcoin-US 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

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