Bitcoin June 20 daily chart alert - Bulls regain some strength

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Bitcoin June 20 daily chart alert - Bulls regain some strength bitcoin Cryptocurrencies

- Tuesday, June 20--July Bitcoin futures prices are higher in early U.S. trading Tuesday, as the market has seen a good short-covering bounce after prices last week hit a three-month low.

While the bulls have gained some strength, the BC bears still have the slight overall near-term technical advantage as a price downtrend is still in place on the daily bar chart. However, more price gains this week would negate the price downtrend and give the bulls better power.

 

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