Bitcoin August 21 daily chart alert - Prices trending lower

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(Kitco News) - Monday, August 21--September Bitcoin futures prices are lower in early U.S. trading Monday, after hitting a nine-week low on Friday.

An accelerating price downtrend line is in place on the daily chart and the bears have power and momentum on their side. That suggests more downside price pressure in the near term.

An accelerating price downtrend line is in place on the daily chart and the bears have power and momentum on their side. That suggests more downside price pressure in the near term
 

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