Bitcoin daily chart alert – Sharp losses on risk aversion Monday – Sep. 20 – Kitco NEWS

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(Kitco News)Bitcoin-U.S. dollar are sharply lower in early U.S. trading Monday, as keen risk aversion in the marketplace is apparently prompting the strong selling pressure. That’s especially disappointing to the Bitcoin bulls who espoused their asset as a safe-haven store of value during turbulent times. More selling pressure in Bitcoin this week would produce serious near-term technical damage, to then suggest more downside in the near term. Stay tuned!

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