Bitcoin August 1 daily chart alert - Gentle price downtrend in place

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Bitcoin August 1 daily chart alert - Gentle price downtrend in place bitcoin Cryptocurrencies

- Tuesday, August 1--August Bitcoin futures prices are weaker and hit a five-week low in early U.S. trading Tuesday.

Prices are in a downtrend on the daily bar chart, albeit at higher price levels. Bulls and bears are on a level overall near-term technical playing field at present, but the bears have some momentum on their side.

 

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