Bitcoin Daily Chart Alert – Still Trapped in a Downtrend in Price – May 16
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(Kitco News) – Bitcoin and US Dollar prices are weaker at the start of US trading on Monday. Last week, prices hit a 16-month low and the bears have the strong short-term technical advantage. A downtrend remains in place on the daily bar chart. More sideways action towards lower prices is likely in the near term. Stay tuned!
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