Bitcoin daily chart alert – Corrective bounce in a downtrend – Apr. 19

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(Kitco News)Bitcoin-U.S. dollar prices are near steady in early U.S. trading Tuesday, after hitting a four-week low this week and then rebounding. So far, this rebound is just a normal upside correction in a downtrend that remains in place. Bulls will have to show more power this week to begin to suggest they can break the downtrend and gain some momentum.  Bears still have the overall near-term technical advantage. Stay tuned!

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