Bitcoin August 23 daily chart alert - Price hits 4.5-month low

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Bitcoin August 23 daily chart alert - Price hits 4.5-month low
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(Kitco News) - Wednesday, August 23--September Bitcoin futures prices are near steady in early U.S. trading Wednesday, after hitting a 4.5-month low early on.

A 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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